Bitcoin a Safe Haven as Global Equities and Commodities Tumble

On the first week of trading in 2016, U.S. and European markets have fallen markedly. Britain has undergone its worst trading start to the new year in 16 years. China, with a long history of command-and-control economics, has enjoyed recent literature about its more laissez-faire ways, but in times of crisis, the government institutes regulations ...

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Stellar's Jed McCaleb: What's New on the Upgraded Stellar Network

Editor’s Note: This is a guest post by Jed McCaleb, co-founder and CTO of Stellar.org. Stellar is a fully decentralized payment network that allows anyone to send and exchange any currency. It can act as a decentralized exchange for bitcoin. Why Stellar? After years of working in the fintech space, I realized that the world’s financial infrastructure is fundamentally broken, ...

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Gem Raises $7.1 Million in Series A to Meet Demands for Enterprise Blockchain Technology

Gem, a Venice, California-based blockchain platform provider, announced today that it had completed its Series A funding, raising $7.1 million led by Pelion Venture Partners. KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures, and other investors rounded out the fundraising round. “We are using the funds to grow the company to meet the growing mainstream demands for blockchain technology ...

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Bitcoin in South America: Why Venezuela Has an Active Bitcoin Mining Community

Bitcoin use in Venezuela and Brazil is increasing, but the populations use the currency in different ways. According to Rodrigo Souza, core developer at Blinktrade, the exchanges in both countries have more than 10,000 registered users. At a glance: Brazil The Brazilian exchange is FoxBit. FoxBit is a result of partnership between FoxBit Serviços Digitais and BlinkTrade Inc, a technology ...

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BitFury to Mass Produce New 16nm Chip and Sell to Public

BitFury, the third-largest mining operation by total hashrate, announced in December that it will be mass-producing its custom 16nm ASIC chip and selling the chip directly to consumers. “Each chip will achieve 40-55 GH/s at the highest possible efficiency of 0.055-0.07 J/GH. From 55 GH/s to 180 GH/s the chop follows nearly linear slop of efficiency from ~0.06 J/GH to ...

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Bitcoin Wallet Developer Andreas Schildbach: I Will Not Invest My Time in Lightning Networks

Andreas Schildbach, one of the developers of the popular Bitcoin Wallet app for Android and maintainer of alternative Bitcoin implementation Bitcoinj , calls for a block-size increase to allow for more Bitcoin transactions. Rather than relying on additional layers built on top of the blockchain, Schildbach believes the network should be designed to scale “on-chain”, too. “I personally will not ...

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WanXiang Blockchain Labs and Deloitte Partner on Shanghai Blockchain Hackathon

In an effort to foster further development of blockchain technology, WanXiang Blockchain Labs, a Chinese research institution, and Deloitte, one of the largest accounting and audit firms in the world, have teamed up to launch the first ever Shanghai blockchain hackathon beginning on January 8th. “Our focus on how technology and going digital are changing the ways we live is ...

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WanXiang Blockchain Labs and Deloitte Partner on Shanghai Blockchain Hackathon

In an effort to foster further development of blockchain technology, WanXiang Blockchain Labs, a Chinese research institution, and Deloitte, one of the largest accounting and audit firms in the world, have teamed up to launch the first ever Shanghai blockchain hackathon beginning on January 8th. “Our focus on how technology and going digital are changing the ways we live is ...

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Segregated Witness, Part 3: How a Soft Fork Might Establish a Block-Size Truce (or Not)

If one proposal excited attendees at the recent Scaling Bitcoin workshop in Hong Kong, Bitcoin Core and Blockstream developer Dr. Pieter Wuille’s Segregated Witness was it. Praised by many within the technical community, Segregated Witness is expected to improve Bitcoin’s performance in a number of ways, while some even hope it might be the scaling solution that helps bring some ...

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Bitcoin is Being Hot-Wired for Settlement

Editor’s Note: This piece was originally published on Medium by Co-Founder of Bloq Inc. & Bitcoin Core Developer Jeff Garzik and Chief Scientist of the Bitcoin Foundation & Bitcoin Core Developer Gavin Andresen The proposed roadmap currently being discussed in the bitcoin community has some good points in that it does have a plan to accommodate more transactions, but it ...

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