Thursday , September 21 2017

Bitcoins

Predicting the August 1 Split Flow Chart the Hard Way

Below is a detailed flow chart graphic that depicts the possible outcomes to the upcoming scaling proposals that may be implemented in the near future. We hope to help our readers get a better understanding of what’s going on with these specific Bitcoin network developments.    A Visual Flow Chart Depicting the …

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Counterparty Experiences Millionth Transaction

Counterparty recently experienced its millionth transaction. This is good news for the bitcoin-based smart contracting platform. It appears the Counterparty ecosystem is developing healthily and rapidly.  Counterparty’s community manager, Shawn Leary, told bitcoin.com about their growth: “Counterparty was excited to see our one millionth transaction occur a few days ago. …

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Kraken Estimates Last Quarter’s Trading Volume 10x Previous High

Kraken’s CEO, Jesse Powell, has stated the cryptocurrency exchange’s volume during the second quarter of 2017 comprised 10x more trade than during the company’s preceding all time high. Despite this incredible spike in volume, Powell speculated that the cryptocurrency markets will likely see growth of 10x to 100x in coming years. …

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Some ICOs Now Ban Americans – Who Should Expect More Ostracism

Initial Coin Offerings (ICOs) or token sales are a surging trend to raise funds quickly. In May, for example, the Monaco Visa ICO raised $3 million in 3 days. Debate ensued on whether Monaco Visa was a good gamble, but one category of investors didn’t have to worry: Americans. That’s …

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13 Japanese Exchanges Agree to Suspend Bitcoin Service on August 1

The Japan Cryptocurrency Business Association has officially announced its plan on how to deal with the possibility of a Bitcoin protocol split on August 1. Thirteen of the group’s bitcoin exchange members, including Coincheck, Gmo-Z, Bitbank, and Bitpoint, will suspend bitcoin deposits and withdrawals on August 1 at 00:00 Japan time. …

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Blockchain Technology tested successfully by Reserve Bank Of India

The Reserve Bank of India has successfully tested blockchain technology for trade application. The evaluation was carried out in partnership with MonetaGo, domestic banks and other financial institutions. Ref: Economic Times The Indian central bank recently tested Bitcoin’s underlying blockchain technology. The Reserve Bank of India’s research arm is said …

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