Tuesday, 1 September 2015

New Version of Bitcoin Threatens to Split Cryptocurrency Loyalists


http://bit.ly/1h9169p via /r/CryptoCurrency http://bit.ly/1LQOv8h

"How a bug in Visual Studio 2015 exposed my source code on GitHub and cost me $6,500 in a few hours" ~ Bots continuously scan github source code looking for exposed amazon access keys which they use to spawn large numbers of EC2 instances to mine on someone else's dime...


http://bit.ly/1PIqaPG via /r/Bitcoin http://bit.ly/1PIqaPH

Myriad (the first multi-PoW coin) about to hard fork: sha256 and scrypt algorithms switching to auxpow, target blocktime increasing from 30s to 60s, security upgrade.


http://bit.ly/1hQss4Y via /r/CryptoCurrency http://bit.ly/1ICOSf4

Prepare Yourself For A Rollicking Bitcoin Panel At TechCrunch Disrupt

http://tcrn.ch/1LOM7Pg

Submitted September 01, 2015 at 03:02AM by blockstreet_ceo http://bit.ly/1KY4TxW

Jordan Lee, March 27, 2014: "Bitcoin and Peercoin are too volatile for use in ordinary business transactions. They are not currencies. They are cryptocommodities"


Jordan Lee, March 27, 2014:"I doubt that is what David is implying. This tax ruling (which shouldn't have surprised anyone), brings focus to the unpleasant fact that Bitcoin and Peercoin are too volatile for use in ordinary business transactions. They are not currencies. They are cryptocommodities. We need a cryptocurrency: something stable in value that has no capital gains or losses and no attendant accounting complexities.There was a time when I believed Bitcoin would provide a permanent and stable foundation for a decentralized financial ecosystem. Sunny King had the courage to see that this was unfortunately not the case, but he didn't admit defeat. He engineered Peercoin as a solution to the shortcomings of Bitcoin. We must be honest and brave in admitting the flaws of Peercoin to begin to able to engineer a solution to those shortcomings. If you can articulate a problem well, a solution tends to emerge.Bitcoin is made obsolete by Peercoin. I don't think Peercoin has to rendered obsolete to engineer a solution to its volatility problem, but I do think it is time to stop imagining Peercoin can make a good currency in its present form. That is emotionally challenging for a lot of people on this forum." via /r/CryptoCurrency http://bit.ly/1Ff0wwz

Crunchbase investigation reveals BIP-101 supporters are nearly all linked to the same VC's.


http://bit.ly/1ICp5n6 via /r/Bitcoin http://bit.ly/1ICp7LO

FCC Commissioner: The future of state record keeping? Vermont leads the way. The Green Mountain state is exploring use of blockchain [Twitter]

https://twitter.com/JRosenworcel/status/638403062667870208

Submitted September 01, 2015 at 06:49AM by Bidofthis http://bit.ly/1KoeOCB