As Bitcoin and other cryptocurrencies gain popularity as a mode of payment transfer, it has become common for the average Bitcoin user to be scammed by an anonymous identity who requests payment for some work is then never heard from again. The decentralized nature of cryptos certainly has a tradeoff – unlike a credit card or bank transaction that can be reverted, a cryptocurrency transfer once confirmed is permanently recorded on the Blockchain. This is where multi-signature (multisig) wallets come to our rescue.
Even though the official patch notes for Bitcoin version 0.10 have been released nearly a week ago, not everyone is up to date on what is being changed exactly. The new Bitcoin Core release is a major update and a lot of things are being changed and improved, including network synchronization, transaction fees, signing security and many other things. Let’s do a quick recap of what we think are some of the most important changes.
Even though Bitcoin exchanges may not have the best reputation in the world of finance and “mainstream media” these days, it looks like some of these exchanges are being dragged down because they rely on third party service providers. When the first exchanges started integrating other payment processors for depositing and withdrawing funds, it was only a matter of time until the first problems arose.
EgoPay Freezing Funds With No Communication
As the final day of its ITO advances, the Blocknet unveils a wide variety of accountability and trust-related measures, and publishes rules pertaining to the close of the ITO.
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It has been a while since we found something worth writing about, as new coins which haven’t been around for more than a month are getting quite repetitive. SuperCoin has an interesting announcement about System of Decentralized Trustless Anonymous.
What this System of Decentralized Trustless Anonymous (SoD) does, is make all nodes equal, as no more special or centralized nodes holding more info than others will be around. The SoD can be labelled as a CoinJoin-esque anonymity feature.
Serge recently had the chance to conduct a written interview with David Ripley, the CEO of Glidera. Glidera is a Chicago-based Bitcoin startup , and we found it interesting to take a closer look at what the company is and does.
Serge: Your Company was featured on the North American Chicago Bitcoin conference. Can you tell our readers a bit about Glidera (in your own words)?
David Ripley: Glidera is a new Bitcoin startup headquartered in Chicago, IL. Our mission is to provide easy, secure products and services that maintain user control and provide transparency.
A rather short but powerfully worded update has been posted by Rofo, the NobleCoin developer. Even though this is not the “big” announcement everybody is waiting for, it does put some things in perspective. Let’s do a quick recap.
Generous bounties (either in NOBL or Bitcoin) will be offered to anyone in the Crypto space who is working on projects, and wants to collaborate with NobleCoin. This is not about coin wars, e-peen or egos; this is a genuine invitation to incorporate great ideas into NobleCoin.
As I mentioned in yesterday’s Uro article (click here), they will be working together with a company called BlockCypher. Even though we very briefly touched upon what BlockCypher actually does, it’s time to take a closer look and explore a bit more!
BlockCypher is a Block chain API platform, allowing developers to build reliable and scalable applications faster and on one infrastructure. When it comes to developing, you want to put as much time as possible into the project itself, and not managing things in the backend.
The RoxCoin developers have released a roadmap of their plans for the future of ROX. Some very, very interesting features are included, so I guess we should take a look. Sit back, relax and read on!
As anonymous features are still trending in the world of digital currencies, RoxCoin will provide their users with exactly that. Tor integration has been beta tested successfully, and will be released soon in the form of a client update.
An interesting quote in regards to RoxCoin’s anonymity features comes from the developers though : “While P&D alts have anon as the only thing going for them, we don’t even consider anon to be an exciting feature of ROX. It’s a necessity.”
Ben Davenport is leaving his team member & software engineer role with Facebook to go and work for Bitgo. Who is Davenport? He is a former Google employee. After a change of heart Davenport started working at Facebook after its acquisition of startup Beluga, a company he co-founded. He has an AngelList syndicate where he and other accredited investors have been funding Bitcoin startups. In short a standup guy who believes in Bitcoin and what it stands for.