Tag: Digital Currency

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Recent CFTC Ruling Challenges Bitcoin And Digital Finance … No Comments

Since its inception, digital currencies like Bitcoin and digital finance have troubled governments and regulators across the globe. Some countries have chosen to classify these digital assets as legally recognized currencies because of their use by consumers, while other nations have chosen treat them as an illicit tool and banned their use outright. The United States is no exception to this legal...


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Canada eCoin [CDN] Is Emerging With A Resurgence In Development And A Community Takeover… No Comments

Originally Launched in March of 2014 Canada eCoin [CDN] is a scrypt algorithm digital currency with merge mine-able support that over the course of the last year has seen it's share of challenges within the cryptocurrency ecosystem. The original developers seem to have all but given up on the project over the course of the last few months but just recently their has been a resurgence of this co...


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Jeff Garzik Proposes New BIP100 Solution To Bitcoin Block Size Debate 4 Comments

Bitcoin core developer Jeff Garzik has recently proposed a consensus based solution to the bitcoin block size debate and the proposal is drawing attention from some heavy hitters in the bitcoin ecosystem. The block size debate began back in October 2014 when Gavin Andresen announced a proposal through the Bitcoin Foundation blog entitled "A Scalability Roadmap". Since then ex-google developer Mik...


Gox'ed?

Will The Bitcoin Term “Gox’ed “ Be Re-Coined After Prosecution Rests? 2 Comments

Bitcoin has brought with it a plethora of new terminology. Not too long ago, when someone said “hash”, mathematics was not the first thought to enter most people’s minds. The collapse of Mt. Gox in 2014 brought about the term “Gox’ed”. Millions of dollars’ worth of Bitcoin (not so?) magically disappearing and reappearing in “old wallets” enraged thousands of people. Protect...


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BURSTCOIN Celebrates Birthday With Release Of New Energy Efficient HDD Mining Wallet No Comments

Founded August 10, 2014 , Burstcoin [BURST] uses a unique algorithm called Proof of Capacity or (PoC), which utilizes unused hard disk drive space instead of a processor or graphics card while mining for BURST. Miners can pre-generate chunks of data known as 'plots' which are then saved to the hard disk. The number of plots stored is effectively the mining speed. Every block a miner skims through ...



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Cannabiscoin And The Legalization Of Marijuana In The U.S. No Comments

Cannabiscoin is a peer to peer digital cryptocurrency that is backed by medical cannabis. Many merchants accept cannabis coin to buy medical marijuana and supplies as needed. In 23 different states across the U.S. cannabis is legal. Cannabiscoin is what many people are using today to by, sell or trade for the fluffy, sticky green stuff. Cannabiscoin is simple, fast and safe to use in a varie...


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Litecoin In The Limelight Again No Comments

Litecoin is often referred to as the silver to Bitcoin's gold. It is one of the oldest and most successful digital currencies. Litecoin had historically been second in market capitalization to Bitcoin and is still now third, behind Ripple. Litecoin was released October 7, 2011 by Charles Lee, a former Google employee using the scrypt algorithm. Legions of Litecoin hard-core miners, armed ...


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