Scaling Bitcoin 2017 Science Is Central in Stanford and the Politics Ignored

Stanford University hosted the fourth edition of the Scaling Bitcoin conference over the weekend of November 45 Scaling Bitcoin 2017 Scaling the Edge.The annual conference, sometimes referred to as a workshop, has in its short history grown into somewhat of an institute within the Bitcoin space. It aims to be the main stage for Bitcoins technical and academic communities, with little room for commercial interests and perhaps even less for the scaling drama that has grown to be the norm onlin

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Scaling Bitcoin 2017 Science Is Central in Stanford and the Politics Ignored

Stanford University hosted the fourth edition of the Scaling Bitcoin conference over the weekend of November 45 Scaling Bitcoin 2017 Scaling the Edge.The annual conference, sometimes referred to as a workshop, has in its short history grown into somewhat of an institute within the Bitcoin space. It aims to be the main stage for Bitcoins technical and academic communities, with little room for commercial interests and perhaps even less for the scaling drama that has grown to be the norm onlin

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Bitcoin Price Analysis Bitcoins All-Time High Tests a Historic Reversal Point

For months on end, BTC-USD had a strong bullish rally that has been well confined between both a linear ascending channel and on a macro scale a parabolic curveFigure 1 BTC-USD, 1-Day Candles, Linear and Parabolic TrendlinesAfter a very strong, bullish rally, bitcoin managed to settle on a new all-time high in the $7,500s. This price peak bounced right off the upper linear ascending trendline shown in Figure 1. Historically, every time bitcoin has touched the upper ascending trendline, the ma

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Survey Polls American Awareness of Cryptocurrencies and ICOs

In October 2017, LendEDU, a marketplace for financing loans, credit cards and other financial products, polled 1,000 Americans asking a series of questions related to Ethereum, Ripple and initial coin offerings ICOs. They did this to gain insight into the average Americans perception of cryptocurrency. The poll was conducted by online polling company OnePoll, which acted as a third party and was able to provide an age and gender breakdown of respondents. The poll was answered by 1,000 America

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NextBlock CEO Alex Tapscott Cancels Plans to Go Public and Will Return Money to Investors

Alex Tapscott, CEO of NextBlock Global, a venture capital company investing in blockchain technologies, announced in a press release yesterday that he is canceling their plans to go public through a reverse takeover RTO of Nobelium Tech Corp., a company listed on the Toronto Stock Exchange TSX. Tapscott said the young company had stumbled in falsely listing some crypto and blockchain experts as members of the firms advisory board. He is currently talking to NextBlock investors to work out how

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Introducing a Programming Language so Simple, It Fits on a T-shirt

Blockstream is introducing Simplicity, a new programming language for blockchain-based smart contracts, intended for inclusion in Blockstreams sidechains and eventually in Bitcoin. The new language was presented by its creator, Russell O’Connor, Infrastructure Tech Developer at Blockstream, at the ACM SIGSAC Workshop on Programming Languages and Analysis for Security PLAS 2017.Simplicity is a blockchain programming language that is so simple, it fits on a t-shirt, O’Connor told Bitc

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Bitcoin Price Analysis Bitcoins Parabolic Envelope Could Push to $8000s

Bitcoin has had a quite a year thus far, to say the least. A 10x return since the beginning of the year has put bitcoin on a parabolic growth path that is testing the limits of this 2-year long bull marketFigure 1 BTC-USD, 3-Day Candles, Parabolic Growth EnvelopeThe gains have been incredible for those trading bitcoin for the last couple years, and it appears that this parabolic envelope is coming to a close. In order for this bull market to remain viable, it will need to keep up on a very ag

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Funding the Blockchain Future of the Digital Media Industry

BTC Media, the largest media group in the blockchain and cryptocurrency space, announced the launch of BTC Labs, a venture studio focusing on launching and incubating blockchain applications for the digital media industry on September 25, 2017.BTC Labs, in turn, introduced Storyboard Ventures, a venture financing arm of the organization, seeded with $2 million to fund forward-thinking and promising media projects. According to BTC Media, Storyboard Ventures will be vigorously searching for th

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Confideals Crusade to Harness the Power of Smart Contracts

nnnnnnnnnIn his book Down The Rabbit Hole Discover The Power of Blockchain, author Tim Leanhighlights the evolution of smart contracts and their use ensuing from thenblockchain. nnThe term smart contract was first coined by ancomputer scientist Nick Szabo, Lea writes. In his 1996 article in thenmagazine Extrophy, he broadly described a smart contract as thenability to bring refined legal practices of contract law to the e-commercenprotocols between strangers and the internet. nnIn their most

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Op Ed Three Legal Pitfalls to Avoid in Blockchain Smart Contracts

Increasing improvements to blockchain technology which allows for the transfer of ownership without the use of a centralized third party such as a bank has resulted in the mass availability of blockchain smart contracts. A smart contract is a prewritten software program that automatically performs each party’s obligation in an if-then format, while taking advantage of blockchain’s decentralized verification system. Uber-secure cryptocurrencies, such as bitcoin, use the same type o

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