January 1, 1970 by CoinGragate

Atomic Swaps: How the Lightning Network Extends to Altcoins

It is well-known that Bitcoin’s upcoming lightning network promises instant confirmations and low fees. What is not as well-known is that this highly anticipated scaling layer is actually not limited to Bitcoin. The very same peer-to-peer protocol can potentially be extended to, and made interoperable with, many altcoins. This could allow for trustless altcoin payment…

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January 1, 1970 by CoinGragate

As India Goes Cashless, Both E-Money Stocks and Bitcoin Benefit

India’s Prime Minister Narendra Modi announced on November 9, 2016, that 500 and 1000 rupee notes would be taken out of circulation in an effort to reduce corruption, terrorism, black money and counterfeiting, and will no longer be accepted as legal tender in India. His surprise announcement caused chaos in the country as citizens scrambled…

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January 1, 1970 by CoinGragate

Qtum: Connecting Blockchain Technology With the Commercial World

Qtum, a forthcoming digital currency and open source community project, announced this week that it had passed $1 million in backing from top industry executives. Some of the project’s high-profile supporters include co-founder of Ethereum and founder of Jaxx Blockchain Interface, Anthony Di Iorio; co-founder of Augur and EIR at Blockchain Capital, Jeremy Gardner; OkCoin…

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January 1, 1970 by CoinGragate

IBM Watson Health and FDA to Collaborate on Blockchain Project

IBM Watson Health announced today a collaborative project with the U.S. Food and Drug Administration aimed at applying emerging blockchain technology applications toward the advancement of public health. Through the use of blockchain technology, this project will explore efficient and secure ways for consumers to share their data and make better, more informed healthcare choices….

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January 1, 1970 by CoinGragate

Barry Silbert Shares Digital Currency Group’s Perspective on Ethereum; Announces Etherscan Investment

Digital Currency Group (DCG) is perhaps the most important company in the Bitcoin and blockchain ecosystem when it comes to early-stage investments. DCG has made over 80 investments in the digital currency and blockchain space thus far, and those investments involve startups from 25 different countries around the world. Although DCG has invested in many…

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January 1, 1970 by CoinGragate

PBOC Meets With Leading Chinese Bitcoin Exchanges Amid Price Volatility

The People’s Bank of China (PBOC) initiated meetings this week with leading bitcoin exchanges in both Beijing and Shanghai. PBOC representatives in Beijing met with OKCoin and Huobi while PBOC representatives in Shanghai met with BTCC. On the evening of Friday, January 6 in China, the PBOC offices in Beijing and Shanghai both issued statements…

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January 1, 1970 by CoinGragate

The Bots That Make Money (Or Lose It) for You While You Sleep

Bitcoin does not sleep, nor do its markets. Most exchanges run 24/7, day and night, even on weekends and holidays. This is one reason some day traders — the people who trade on the price swings per hour or even per minute — use trading bots. These software programs can be plugged directly into exchanges,…

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January 1, 1970 by CoinGragate

ValueShuffle Brings Together the Best of Both Worlds for Privacy

In the quest for privacy and fungibility in Bitcoin, two researchers (from Saarland University in Saarbrücken, Germany and Indiana’s Purdue University) presented a promising privacy enhancement proposal last week. ValueShuffle, as the protocol is called, describes a method to mix bitcoins and at the same time hide the amounts involved in the mixing process. It’s a…

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January 1, 1970 by CoinGragate

Monero Continues Upswing With Kraken's Launch of XMR Trading

Kraken, a global bitcoin exchange headquartered in San Francisco, announced the launch of Monero (XMR) trading, which effectively enables users to trade Monero with bitcoin, U.S. dollars and euros. In a statement, the Kraken development team expressed its optimism toward Monero based on its strong performance in 2016 in terms of the growth of user…

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January 1, 1970 by CoinGragate

What Experts Are Predicting for 2017 in Bitcoin and Blockchain Tech

As the year kicks off with an all-time high market cap for Bitcoin on its eighth birthday, 2017 promises to be an exciting year for Bitcoin, digital currency and blockchain technology in general. In this first week of the new year, Bitcoin Magazine reached out to a variety of thought leaders and stakeholders in the…

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