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This past week has seen progress in two aspects of Bitcoin: privacy and payments. Attitudes toward blockchain technology are also showing progress as two surveys reveal. And yet, regulation does not necessarily seem to be keeping pace.
Here are some of the stories that we’ve been following at Bitcoin Magazine.
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Advances in Bitcoin Technology
The Thai Securities and Exchange Commission has revealed the number of applications it has received from businesses wanting to operate initial coin offering portals in the country. However, at least one company is already issuing a token without obtaining approval. Meanwhile, the first Thai Stock Exchange-listed company to launch a token has a new plan to revitalize its coin.
ICO Portal Applications
The Thai Securities and Exchange Commission (SEC), the country’s main cryptocurrency regulator, has revealed the number of companies that have applied to operate initial coin offering (ICO) portals in the country.
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Going back to the early days of Bitcoin, we look at the contributions of Nick Szabo to smart contracts and Bit Gold. Decentralizing gets another boost by Augur in the predictions marketplace with the launch of their platform. Then we see a very real world example of cryptocurrency solving a real need in Venezuela to avoid their collapsing currency and allow people to buy the goods they need to survive. Finally, we see a conventional exchange, the CBOE, talking to the SEC about getting a bitcoin ETF license, which would be a real milestone in terms of bringing cryptocurrency even closer to the masses as an investment vehicle.
Bitcoin.org contributor David A. Harding has released a summary of “known problems” in the Bitcoin whitepaper, highlighting the cryptocurrency’s metamorphosis in its first years of existence.
Theory vs. Reality
In documentation currently available on GitHub, Harding — who has also been a major commentator on Bitcoin for several years — also included changes in terminology used to describe various phenomena within Bitcoin. All the items in the collection represent previously-known aspects that “Bitcoin’s implementation differs from that described in the [white]paper.”
Golem has lumbered in from the wilderness now with its first beta release, the Brass Golem, bringing the notion of Airbnb for computers to life on Ethereum. Also in Ethereum news, Ether Capital seeks to be a steadying and calming force in the Ethereum technology and ICO space.
Samsung has now confirmed that it is manufacturing ASIC chips for Halong Mining, while the ASIC-resistant hashing algorithm that is part of Ravencoin has peeked its head above the clouds with a new white paper and detailed roadmap.
KuCoin prides itself on finding high-quality projects that go beyond the offerings of other exchanges. On December 20, 2017, Oyster Pearl (PRL) token was added to our list of tradable tokens.
KuCoin added Oyster Pearl (PRL) on December 20, 2017, at 18:00 (UTC +8). Traders on the KuCoin platform now have access to PRL/BTC and PRL/ETH trading pairs.
Users started trading PRL on KuCoin December 20, 2017, at 18:00 (UTC +8).
Follow KuCoin listings in real time here: https://t.me/Kucoin_News
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