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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: blockchain technology

In Bid To Protect Savings, Doomsday Preppers Become Bitcoin Buyers

Category: Bitcoin, Blockchain, Commentary, News

In Bid To Protect Savings, Doomsday Preppers Become Bitcoin Buyers

Bitcoin has already repeatedly proven its resiliency. But is the current number one cryptocurrency by market cap resilient enough to survive the apocalypse? Some say yes. Preppers Start Hedging Bets on Bitcoin The need to be in control is more than an urge for many doomsday preppers. Whether it’s being in control of shelter, food resources, and general supplies, these…

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Australia Gives Blockchain Innovation An $8 Million Push

Category: Blockchain, News, Tech

Australia Gives Blockchain Innovation An $8 Million Push

The Australian government is looking into using blockchain technology for its national electricity and water grids. A total of $8 million has been awarded in funding to a project that started off in the city of Fremantle. Other cities, including Port Adelaide and Darwin, have also received government-sponsored financing for their own “smart city” attempts. Smart Cities in Australia The…

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Farming Start-Up Uses Blockchain to Guarantee Food Quality

Category: Blockchain, Business, News

Farming Start-Up Uses Blockchain to Guarantee Food Quality

Ripe, an aptly named startup, now wants to integrate blockchain technology with farming. Farmers and other parts of the food supply chain can take advantage of this by keeping track of vital crop information and environment conditions, among other variables, as the farming cycle progresses. Farming on the Blockchain Ripe’s aim is simple; they want to track all properties of…

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Quantum Computing Can Disrupt Bitcoin

Category: Bitcoin, News, Tech

Quantum Computing Can Disrupt Bitcoin

BTC has gone from an extremely niche idea back in the early 2010’s to a multibillion-dollar force of nature that garners headlines from big news agencies regularly. Humble Beginnings During the beginning of 2017 BTC’s price was an astounding $1,000 but then exploded even farther by the end of the year hitting nearly $7,000. However, the future is still uncertain….

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Scaling at Stanford: Transistors for Mining and Processing One Gigabyte Blocks

Category: Blockchain, Mining, News

Scaling at Stanford: Transistors for Mining and Processing One Gigabyte Blocks

Last weekend the fourth Scaling Bitcoin Workshop took place in Stanford, California. One explored the relationship between mining, hardware and scalability; the other reports an experiment using gigabyte sized block processing with today’s soft- and hardware. Scaling Bitcoin Workshop There should be little doubt that the Scaling Bitcoin Workshop is the most sophisticated Bitcoin conference. There are no exhibitions of…

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Securing Educational Degrees On The Block: MIT’s Pilot Program

Category: Blockchain, News

Securing Educational Degrees On The Block: MIT’s Pilot Program

In a move destined to disrupt how degrees are delivered to college graduates, the Massachusetts Institute of Technology (MIT) recently unveiled a pilot program to test the utility of using blockchain to issue degrees. Issuing Degrees on the Blockchain According to the school publication MIT News, the pilot program which commenced this summer offered 111 MIT graduates the option to…

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Energy Consumption Puts Bitcoin at a Mainstream Disadvantage

Category: Bitcoin, Blockchain, Mining

Energy Consumption Puts Bitcoin at a Mainstream Disadvantage

Despite traditional mainstream skepticism surrounding the use of cryptocurrencies, the sheer inefficiency of conducting a single transaction puts bitcoin at a huge disadvantage. Energy Output of Recent Transactions Miners are becoming the principal consumers of energy in the growing bitcoin ecosystem. As each algorithmic problem becomes more and more complicated to solve, more machines are working longer hours in order…

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Public Sectors Moving to Digital Ledger Technology

Category: Blockchain, News

Public Sectors Moving to Digital Ledger Technology

Blockchain technology is progressively connecting brick and mortar businesses, online merchants, and private industries. This is because ledger based data creates unbiased operations and effective business management. But now government agencies are developing their own variety of Digtal Ledger Technology (DLT). Within the public sector, this blockchain system could support trusted protection of records, verifying digital evidence, and streamlining interactions…

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Building a Bridge Between Cryptocurrencies and Main Street

Category: Blockchain, ICO News

Building a Bridge Between Cryptocurrencies and Main Street

The state of blockchain technology today is much like the state of the Internet in 1993 (albeit with the hype of 2000). While confusing to main street due to its complex nature, developers alike see its potential to transform every industry. Simple Token, along with other blockchain projects are planting seeds, building infrastructure, and developing platforms that will take many…

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Ledger and Intel Combine Technologies, But Is It Safe?

Category: Commentary, News, Tech

Ledger and Intel Combine Technologies, But Is It Safe?

The esoteric world of cryptocurrencies and the larger, mainstream world of desktop computing have begun to merge with the partnership of Paris-based hardware wallet manufacturer, Ledger, and American multinational computer processor manufacturer, Intel. By combining efforts and technologies, the two companies aim to pioneer a unique high security solution for using and storing cryptocurrencies. More specifically, Ledger’s BOLOS operating system…

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