Bitcoin exchanges announce contingency plan for hard fork split

Just two days after Gyft founder and Civic CEO Vinny Lingham’s warning about a Bitcoin hard fork devastating bitcoin’s value, 21 different Bitcoin exchanges have clarified their position on Bitcoin Unlimited trading. The exchange coalition stated in a hard fork contingency plan that they will trade any Bitcoin Unlimited cryptocurrency alongside bitcoin.

Blockchain-Based Virtual Reality World Decentraland Launches Testnet Network

Decentraland, an open source project aimed at building a blockchain-based virtual reality (VR) world, has launched a new test network and entered into its Bronze Age development phase. The testnet release provides users with the ability to start shaping their environment in 3D. Decentraland runs on top of its own blockchain, which is used to […]

The post Blockchain-Based Virtual Reality World Decentraland Launches Testnet Network appeared first on Coinjournal.

New Hampshire Exempts Bitcoin from Money Transmitter Regulations in New Bill

New Hampshire is known as the ‘Live Free or Die’ state. Living up to its nickname, the state house passed House Bill 436 early Wednesday morning. The bill exempts virtual currencies like bitcoin from costly money transmitter regulations and could pave the way for Bitcoin businesses to flock to New Hampshire. Related: Washington State Liquor &

The post New Hampshire Exempts Bitcoin from Money Transmitter Regulations in New Bill appeared first on Bitcoin News.

‘China Had the Power’: Gov’t Advisor Urges Not to Abandon Bitcoin

Bitcoin entrepreneur and Chinese government advisor Wo Weidong is urging China to develop “an appropriate” Bitcoin and

The post ‘China Had the Power’: Gov’t Advisor Urges Not to Abandon Bitcoin appeared first on Bitcoinist.com.

Higher Fees May Force Bitcoin Companies to Get More Creative with Their Transactions

For the longest time, it has been known that bitcoin transaction fees would rise once blocks became full on a more frequent basis. In fact, miners have received over 2 BTC in transaction fees in addition to the 12.5 BTC block reward for some recent blocks. While this increased revenue is great for miners, it […]

The post Higher Fees May Force Bitcoin Companies to Get More Creative with Their Transactions appeared first on Coinjournal.

BIS endorse Distributed Ledger Technology for payments clearing and settlement

I’ve just been alerted by friend Gijs Boudewijn to the release of a fascinating white paper by BIS, the Bank for International Settlements (the guys who do Basel stuff and are big cohonez in banking circles). Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it.

Bitcoin Is A Language Best Spoken By Machines

Bitcoin is made for machine-to-machine payments. Sooner than most are aware, machines will be autonomously conducting transactions triggered by predetermined conditions.

The post Bitcoin Is A Language Best Spoken By Machines first appeared on www.diginomics.com and was written by Travis Patron.

Sound Money Makes For A Sound Society

The properties of money change the consumption patterns of its users.

The post Sound Money Makes For A Sound Society first appeared on www.diginomics.com and was written by Travis Patron.

Why Bitcoin Is Incredibly Secure

Trillions upon trillions of different private keys make for an incredibly secure payment network.

The post Why Bitcoin Is Incredibly Secure first appeared on www.diginomics.com and was written by Travis Patron.

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