The soap opera continues around Mt. Gox. After numerous people question the actions of Mt.Gox, some even went for lawsuits against Mt.Gox, there is more news coming in of irregularities at Mt.Gox. First there was the fact that Mt Gox let trading in Bitcoin continue but with no withdrawal possibility. Second there was information leaked that the CEO of Mt. Gox did know beforehand that there were huge problems with the site but did nothing/not enough to prevent the problems or worked on any meaningful solutions. Third Mt.Gox blatantly lied to their traders and customers about the severity of the problems. Now Mt. Gox comes on the scenes with a statement that “they have found 200 000 bitcoins in old wallets”.
Don’t you just hate it when you have to dig up your Cryptsy trade key somewhere, or login to an online wallet to give someone your address? or maybe you still run the regular QT/desktop client for your favourite cryptocurrency?
Do not despair, ladies and germs, as there is a better solution available! The service is called “Addie”, and, well, it stores all of your coin’s addresses. (Catchy name though , I like it!)
Now, it does require a bit of manual work, as you first need to sign up for an Addie account, but they’ll only require an e-mail address and a password.
One of the main things about cryptocurrency is that people still find it pretty hard to buy into a coin that is not either Bitcoin or Litecoin.
Even though you can argue that they’ld just have to exchange it, it’s an extra step that a lot of people just aren’t willing to take, for multiple reasons.
It would be a hell of a lot easier if you could buy alternate cryptocurrencies directly, without having to buy Bitcoin first, then transfer it to an exchange & then trade it for your coin.
The Mt.Gox soap opera continues.The soap opera around Mt. Gox just doesn’t seem to stop. The once popular Crypto exchange is filing for bankruptcy in Japan and the United States. When taking a closer look at the U.S. filing, it seems that Mt. Gox may have collected a large sum in trading fees in the weeks before the website was shut down. All of this was done while it was fully aware that a large number of Bitcoins had gone missing and that there were problems on the horizon.
· To read or not to read the signs… that is a serious question.
I can’t remember the last time we talked about Franko. Not because we don’t like the coin, because trust me, I really do like it, but because…well…erh….No idea really.
Either way, there are two things about Franko that I want to make you all aware of. At least one of them is groundbreaking, but I’ll let you decide which.
First of all, have you seen the Franko promotional video? If not, I wasn’t aware it existed until about a week ago. But it’s well done, and I absolutely love it!
You can check out the Franko video here :
We at CryptoArticles are always looking at the newer cryptocurrencies coming out. To keep up that trend, we would like to tell you more about HiroCoin.
From the start, HiroCoin states that its X11 mining algorithm is based on DarkCoin. However, that’s pretty much as far as you can compare these coins, as they serve different needs.
In case you would be wondering why they chose the X11 algo, the answer is pretty simple : there currently are only two known X11 coins, so no multipools will hop on to reap the lower difficulty blocks.
BlackCoin has been out for nearly a month now and slowly, but surely, is picking up steam within the crypto-community. The crypto currency BlackCoin, which is Proof of Stake only, has no pre-mine and a 1% per year inflation is something new and fresh within the community, as it is the first actual PoW/PoS hybrid coin to hit the PoS only stage. But what makes BlackCoin so attractive?
The soap opera called “ the search for Mr. Bitcoin”, or should we say the mudslinging fishing expedition of some low brow alcoholic lowlife journalist, has taken another twist. The man in question Dorian Nakamoto, who lives in the US, has finally lawyered up and is ready to battle the accusations flung towards him by some lowbrow journalist and media corporations.
According to the “journalist” Nakamoto has a background in engineering and does “have the ability to program”. “He has not been able to find steady work in the field for over 10 years – instead taking assignments as a “labourer, polltaker and substitute teacher”. Because mr Nakamoto hadn’t any success finding work in programming sector doesn’t warrant a witch hunt that has been going on for more than a month now.
While BlackCoin used to be both PoW and PoS in the beginning, it is now a PoS only coin, as mining has been stopped. This was intended from the beginning though, so don’t worry.
However, what if there still was an opportunity to mine BlackCoin? It would have to involve some trickery, as there are no mining blocks generated anymore.
It seems like more and more people are taking notice of the efforts done by the PenguinCoin team. In case you missed it, you can read up on the initiative here.