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Dubai International Blockchain Summit • January 9, 2018

Welcome to the largest gathering of blockchain and ICO’s in middle east , an opportunity to showcase and discuss the…

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About author: Landon Mutch

Landon is a software and mobile app developer with a B.Sc. in Earth and Ocean Science (of all things). He's actively involved in drafting the Lightning Network, a Bitcoin layer-two protocol, to help solve Bitcoin's scaling problem.

2017: The Year the World Discovered Who Really Controls Bitcoin

Category: Altcoins, Bitcoin, Commentary, News, Tech

2017: The Year the World Discovered Who Really Controls Bitcoin

What most of the Bitcoin community should have learned in 2017, it it weren’t obvious before, is that miners do not control the Bitcoin network. So who is in control? Everybody, and nobody. Tribalism over Block Size On May 23, 2017, the Digital Currency Group announced in their New York Agreement that they’d formed a majority mining cartel that, at…

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On the Shoulder of Giants: Lightning Network Protocol 1.0

Category: Bitcoin, Blockchain, News

On the Shoulder of Giants: Lightning Network Protocol 1.0

“If I have seen further it is by standing on ye shoulders of Giants.”— Isaac Newton, 1675 On December 6, 2017, Lightning Developers, a medium.com publisher representing the three main parties (ACINQ, Blockstream, and Lightning Labs) that together are building the Lightning Network protocol, announced that Lightning Protocol 1.0 is operational. All tests were passed, and the first multi-client Lightning…

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US Senate Bill S.1241 to Criminalize Concealed Ownership of Bitcoin

Category: Bitcoin, News, Regulation

US Senate Bill S.1241 to Criminalize Concealed Ownership of Bitcoin

On November 28, 2017, the US Senate, Committee of the Judiciary held a hearing regarding bill S.1241: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing. Despite little attention being given to digital currencies during the hearing, bill S.1241 itself would amend the definition of ‘financial institution’ in the United States Code to include digital currencies and digital exchanges….

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GPU Mining may be Making a Comeback Relative to ASIC

Category: Altcoins, Bitcoin, Mining, News

GPU Mining may be Making a Comeback Relative to ASIC

For many years now, Bitcoin mining has been dominated by the Application-specific Integrated Chip (ASIC), and long gone are the days of mining Bitcoin for profit with a central processing unit (CPU), a graphics processing unit (GPU), or even a field-programmable gate array (FPGA). However, thanks to increasingly popular altcoins such as Ethereum (ETH), Zcash (ZEC) and the recently forked…

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Bitcoin Gold Developers: ‘Don’t Trust Us’

Category: Altcoins, News, Tech

Bitcoin Gold Developers: ‘Don’t Trust Us’

At the time of publication, the following warning appears on bitcoingold.org welcome page: According to the associated Critical Warning description, Bitcoin Gold’s (BTG) official GitHub repository served unsigned wallet software for almost five days: “Anyone who downloaded the Windows Wallet file between November 21, 2017, 09:39 UTC, and November 25, 2017, 22:30 UTC, should not use the file in any…

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The Rise of Bitcoin and The Demise of Central Authority

Category: Bitcoin, Blockchain, Commentary, News

The Rise of Bitcoin and The Demise of Central Authority

In their article, ‘The rise of Bitcoin doesn’t mean the end of banks. Here’s why,’ Dirk Baur and Niels Van Quaquebeke argue that cryptocurrencies are not trustless systems but merely require the transfer of trust to a different system. They claim that “While we previously had to trust financial institutions to verify transactions, with the blockchain we have to trust…

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Russian Billionaires Jump on Crypto-train Prior to Introduction of CryptoRuble

Category: Altcoins, Bitcoin, Commentary, News

Russian Billionaires Jump on Crypto-train Prior to Introduction of CryptoRuble

Alexander Abramov, Roman Abramovich, Roman Trotsenko, and Igor Rybakov are among the many Russian billionaires who are jumping on the crypto-train, prior to the upcoming introduction of the first state-backed cryptocurrency, the CryptoRuble. This should not come as a surprise. To date, Russia has consistently taken a rather hardline on cryptocurrencies and Bitcoin in particular: 2015 – Russian authorities impose…

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The State vs. Free-market Crypto-vigilantes

Category: Bitcoin, Commentary, News, Regulation

The State vs. Free-market Crypto-vigilantes

Throughout the evolution of cryptocurrencies, there have already been many winners and losers; and there are sure to be many more, as thousands of layer-two protocols, digital currencies, exchanges, marketplaces, and ICOs all compete for their place in the volatile crypto-space. But perhaps it’s the largest and most powerful Government States that stand to lose the most at the hands…

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First Successful Bitcoin-Litecoin Cross-Chain Transaction Completed

Category: Altcoins, Bitcoin, Blockchain, News

First Successful Bitcoin-Litecoin Cross-Chain Transaction Completed

On November 16, 2017, Lightning Labs completed the first BTC-LTC, cross-chain, atomic swap over the Bitcoin and Litecoin testnets. Amazing, right? But wait, what exactly is an atomic swap? Well, let’s say Xena wants to trade one bitcoin to Zeke in exchange for 100 litecoins. You may question Xena’s sanity. However, she is savvy enough to realize that, if she…

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IBM, SecureKey Technologies Upload Canadian Citizen Identities to the Blockchain

Category: Blockchain, News, Tech

IBM, SecureKey Technologies Upload Canadian Citizen Identities to the Blockchain

IBM and SecureKey Technologies, a Toronto-based startup founded 2008, with approximately 100 employees, and offices in Boston and San Francisco, have partnered with the Canadian Federal Government and the majority of Canadian banks in a bold initiative to solve the ubiquitous problem of personal identity security and authentication. Collectively, they are building and implementing a new national identity blockchain technology…

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