Bitcoin and Blockchain Tech Are Fueling a Fourth Industrial Revolution

Editor’s Note: This is an opinion piece by Andrew Quentson; the views and opinions expressed are those of the author. Is a fourth industrial revolution underway? Advancements in information-sharing technology, including data analytics, cloud computing, wireless sensors, smart contracts, decentralized autonomous organizations and blockchain technology seem to be fuelling not just a disruption but a ...

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Blockchain Technology Could Enable Next-Generation, Peer-To-Peer Energy Microgrids

An experimental energy microgrid in Brooklyn, New York, shows how energy-generating homes can become part of a peer-to-peer electricity system, Fast Coexist reports. The project, part of the Brooklyn Microgrid ‒ a distributed energy development group in the Park Slope and Gowanus communities of Brooklyn, creating a connected network for local energy ‒ also shows how distributed ledger technology could ...

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Ethcore Raises Financing Round as First Venture Capital Funded Ethereum Startup

Ethereum startup Ethcore has raised $750,000 in a preliminary, pre-seed funding round led by Silicon Valley-based Blockchain Capital and Shanghai-based Fenbushi Capital.  Ethcore intends to further pursue the development of the Ethereum blockchain stack and assist partners who wish to innovate using the smart contract platform. The startup was also awarded a grant by the U.K. government’s Innovate UK to ...

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This Bitcoin Developer Is Working Hard to Prepare Projects for Segregated Witness

Nicolas Dorier is the main developer behind NBitcoin, which is a comprehensive Bitcoin library for the .NET framework. NBitcoin is used in the backend of multiple Bitcoin services such as Lykke, BitKong, Teambrella and BTCTrader. Recently, Dorier has been working on various projects intended to assist developers who wish to implement the upcoming Segregated Witness (SegWit) improvement in their own ...

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Decentralized, Peer-To-Peer Bitcoin Exchange Bitsquare to Launch Next Week

Having been in development for more than two years, what promises to be the first proper decentralized Bitcoin exchange is set to officially launch next Wednesday.  Bitsquare, an open source project led by the Austrian-born Manfred Karrer, allows anyone to trade Bitcoin for fiat currency as well as altcoins, without requiring a company, central intermediary or permission from anyone. Karrer: ...

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Fold Relaunches Card for Cash: Trade Gift Cards for Bitcoin

Matt Luongo, the founder of Fold, and his team are known for creating an app that lets you spend bitcoins at large retailers such as Starbucks, Target and Whole Foods for a discount. Today they have returned to their roots by re-launching another product they created for the space, to help people earn bitcoins from their gift cards. The product is ...

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The Segregated Witness Timeline: From Idea to Adoption in Six Steps

Segregated Witness might be the most significant improvement to the Bitcoin protocol to date. The innovation is set to fix transaction malleability, offers an effective block size increase, enables development flexibility and more. After months of coding, Segregated Witness is getting close to rollout, as a pull request was submitted to Bitcoin Core earlier this week. How close to roll-out ...

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Zooko: The Financial Industry Is Demanding Privacy for Blockchains

Although one may assume that the demand for privacy in Bitcoin and other blockchain-based systems is coming from crypto-anarchists and libertarians, the reality is that a huge push for concealing transactions on the blockchain is coming from the traditional financial industry.  During a recent cryptocurrency event at the Cato Institute, Zcash CEO and longtime cypherpunk Zooko Wilcox-O’Hearn made the point ...

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How Bitcoin and Blockchain Can Avert Systemic Bank Collapses

Editor’s Note: This is an opinion piece by Andrew Quentson; the views and opinions expressed are those of the author. Since their inception, banks have been a systemic risk to the economic well-being of nations. Their crucial role in clearing, processing and creating money, the financial lifeblood of the economy, ensures efficient trade between specialized producers or service providers. Their ...

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