Month: May 2015

Princeton’s Arvind Narayanan on The Advantages Of Decentralization

Note: This is a two page article. Click here to read page one. Advantages of decentralization still exist Although the merits of decentralization are sometimes overblown, Narayanan is not trying to dissuade anyone from experimenting with blockchain technology. In fact, he noted that he and the other lecturers who put together the Bitcoin and Cryptocurrency …

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Princeton’s Arvind Narayanan on the Pros and Cons of Bitcoin-Powered Decentralization (Part 1)

https://coinjournal.net/princetons-arvind-narayanan-on-the-pros-and-cons-of-bitcoin-powered-decentralization-part-1/For the final lecture of Princeton’s course. Assistant Professor of Computer Science Arvind Narayanan shared some ideas related to what will happen with bitcoin over the next few decades. Narayanan covered a variety of different areas of disruption for bitcoin and blockchain technology, but he also remained skeptical towards the idea that decentralization is always …

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Gavin Andresen, Fred Wilson, and Nathaniel Popper on the Beauty of Why Bitcoin Works

When the average person thinks about bitcoin and blockchain technology, they usually think of it as an incredible piece of software that allows anyone in the world to transact with each other in a direct manner. Having said that, the most compelling aspects of Satoshi Nakamoto’s creation are found in the system’s incentive structure rather …

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The Leftover Bits 14/5/15: Tip Musicians, SEC Charges Ex Circle Exec, Russian Seek To Ban What They Don’t Understand

The Leftover Bits is the web’s most digestible daily bitcoin news column. ChangeTip Adds SoundCloud to Supported Platforms ChangeTip clearly has more reach than any other tipping app in the Bitcoin ecosystem. With integration into everything from Slack to GitHub to Facebook, Reddit, Twitter and more, if someone you want to tip is “on” the …

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The Leftover Bits 13/5/15: Bitcoin Comes To 5,000 Mexican Locations, Blocknet and Ethereum Meet, More Banking Institutions Looking at Crypto

Sorry for the lack of an update yesterday, but BTC news has been slow to come by these past few days. Nevertheless, the Leftover Bits is the web’s best resource for daily bitcoin news, when it actually is daily. Chip Chap Brings Bitcoin To 5,000 Mexican Locations Chip Chap is a mobile app that allows …

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The Leftover Bits: 11/5/15: USAA and Nasdaq Looking At Blockchain, Rand Paul’s Tech Dream Team Includes Patrick Bryne

While writing about Paycoin has been fun, there is some news in the world of legitimate cryptocurrencies that needs to be covered as well. Big news. So lets get down to it. The Leftover Bits is the web’s best source for daily bitcoin news. USAA Looking At Blockchain Technologies The insurance giant that provides home, life …

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The Leftover Bits 7/5/15: ItBit Gets Money and NYDFS Approval, Isle Of Man Using the Blockchain and FinCEN Isn’t Stopping at Ripple

The Leftover Bits is the web’s best source for daily bitcoin news. ItBit Gets $25M and Lawsky’s Stamp of Approval ItBit has announced that it has raised USD $25 million in seed money and simultaneously received “charter” approval from the NYDFS (New York Department of Financial Services) to operate an exchange. The NYDFS stated that …

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The Leftover Bits 6/5/15: Ripple Gets Fined, BitStamp Looks To Canada, Andresen Responds To Peter Todd

I had to take a break from talking about the Russian Mafia to give you good folks your daily dose of Bitcoin news. Sorry for the delay. Ripple Settles Fine With FinCEN, Admits Wrong Doing Ripple Labs has agreed to a settlement of USD $700,000 to FinCEN for “willfully [violating] several requirements of the Bank Secrecy Act (BSA) by …

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New Details, Including Pricing, On SFARDS New Super Powered Dual Mining Chip

Back in March we reported on SFARD’s then newly announced 28nm dual algorithm mining chip, dubbed SF3301. Yesterday, they announced on Twitter (of all places) more details about the chip, including its price and power consumption. For those who haven’t heard: SFARDs was created through the merger of Wiibox and Gridseed. As mentioned, in March …

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The Leftover Bits: 5/5/15: Bigger Blocks, GBTC Trading Is Slow, Hardware Wallet Gets Mainstream Attention

The Leftover Bits is your source for daily bitcoin news with a focus on what is really important in the world of cryptocurrencies. Hardfork For Larger Blocksizes Likely Bitcoin Core Developer Gavin Andresen has stated that he will issue a pull request for Bitcoin Core 0.11 that will increase the blocksize limit beyond its current 1MB …

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The Leftover Bits 4/5/15: BitReserve Targets India, Melotic Exchange Shutting Down, Bitcoin Start up Win Hackathon

The Leftover Bits is the web’s best resource for daily bitcoin news. Now that I got that bit of SEO out of the way, on to today’s stories: Melotic Exchange Shutting Down Hong Kong based Exchange Melotic is shutting down voluntarily after it failed to generate enough revenue to make the maintenance and security aspects of …

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Smart Money Bets On Bitcoin: Top Three Investments In Bitcoin History Occurred In 2015 (Op-Ed)

The three largest investments in Bitcoin history have all come in 2015, thanks to Circle’s recent Goldman Sach led 50M funding round, which knocked Blockchain.info’s 30M funding round out of the top three. There is a small caveat to the claim that all three of the largest Bitcoin investments have come this year. The largest …

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