Bitcoin Cash Innovation Accelerates With Cashscript High-Level Language
Aug25

Bitcoin Cash Innovation Accelerates With Cashscript High-Level Language

Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing Cashscript’s capabilities, the two engineers recently deployed an oracle, forfeits, an onchain wager, and a recurring payments contract. Also...

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Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science
Aug25

Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science

The rise of cryptocurrency is changing the philanthropic world by causing the redistribution of wealth from old money to visionary innovators and early tech adopters. The new crypto rich invest their donations by supporting scientific research in groundbreaking fields that may one day enable humanity to cure aging, reverse death and completely change the relationship between work and income. Also Read: How Does a Country Do an ICO?...

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Bitcoin History Part 16: The First Mt. Gox Hack
Aug24

Bitcoin History Part 16: The First Mt. Gox Hack

No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day. By the time the dust had settled six weeks later, four separate thefts had occurred, culminating in the loss of more than 178,000 bitcoins. Also read: Bitcoin History...

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Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator
Aug24

Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator

On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash Testing the New SLP Dividend Calculator From Bitcoin.com Over the last year, SLP tokens have been extremely popular among BCH...

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Initiative to Curtail Negative Interest Rates Gains Traction in Germany
Aug24

Initiative to Curtail Negative Interest Rates Gains Traction in Germany

Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small saver, who is often their voter too. Also read: Major Swedish Bank Orders Negative...

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The White House Just Blamed Bitcoin for America’s Opiate Crisis
Aug24

The White House Just Blamed Bitcoin for America’s Opiate Crisis

The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities, that doesn’t stop the powers that be from continuing their propagandistic assault on financial...

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Bitcoin Magazine’s Week in Review: Gradual Improvements

Script, the smart-contract programming language for Bitcoin, has gotten an upgrade. Developers are addressing challenges on the network through local Socratic Seminars. A Bavarian entrepreneur is promoting Bitcoin through a multisport race. And the curious case of the Asian mafia behind the PlusToken racket. Scams The PlusToken Scam This week, we looked into the case of PlusToken, a cryptocurrency Ponzi scheme that reportedly spread...

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Doing What You Want With Your Money Is a Fundamental Right
Aug23

Doing What You Want With Your Money Is a Fundamental Right

Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes of governments in order to free themselves from a system that contributes to insanity. Also read: How to Create Non-Fungible Assets and Collectible Tokens...

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Video Interview: Carl Dong on Guix and Bitcoin Development

Chaincode Labs engineer Carl Dong is one of the most prolific and promising Bitcoin developers today. In the beginning of his career, he made significant contributions to the 21dotco protocol (which turned into Earn.com). Subsequently, he joined Blockstream and is doing perpetual work on Andrew Poelstra’s Rust Bitcoin implementation. But Dong truly came into his own when he joined Chaincode Labs and started addressing the issues that...

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Cryptocurrency Domains Have Become Hot Property
Aug23

Cryptocurrency Domains Have Become Hot Property

Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up to seven figures. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash Crypto Domains Are Being Snatched Up,...

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Breaking Up With the Banks: Stories From Bitcoin’s Debanked Community

It’s been nine years since the first bitcoin exchange opened its domain to customers, but some of the world’s largest banks still have problems with their clients sending their money to these trading posts. When bitcoin was in its infancy, exchanges created unexplored financial territory, and many banks were hesitant to approve wire transfers to them. They would often cite concerns about money laundering or other shady activity and...

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The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory
Aug23

The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer examination, though, current realities like Australia’s proposed cash transaction ban for 2020, the continuing removal of higher...

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The New Bitcoin Banks Are Here
Aug23

The New Bitcoin Banks Are Here

A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, Coinbase, and others, signal the age of the ‘Bitcoin Bank’ is just beginning. Whether this...

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How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash
Aug22

How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash

On August 21, James Cramer, the developer behind the Simple Ledger Protocol (SLP), announced the launch of the Electron Cash SLP version 3.5. The latest release allows people to create a new type of SLP token called NFT1, a non-fungible token that can be grouped together by a single ID. The advanced form of SLP token creation allows people to use the system to create unique assets like gaming items, collectibles, and digital media...

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Poll Finds Chinese Crypto Investors Bullish on BTC

This article was originally published by 8btc and written by Lylian Teng. Over 30 percent of Chinese cryptocurrency investors polled predicted that the bitcoin price will surpass $30,000 over the next 12 months, according to a recent survey conducted by local crypto financing company BabelFinance. The survey, collecting hundreds of valid responses, found that the average Chinese crypto investor is young, well-educated and male, with a...

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