Issue #105
28 November - 4 December 2015
Bitcoin price is moving up to nearly $400 as I am writing this. Also the Scaling Bitcoin conference is happening in Hong Kong now. If you are free, you should watch the live telecast from the links on this Reddit thread.
Bobby
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The Latin America Bitcoin Conference is happening on 4-5 December 2015 in Mexico! Featuring top speakers such as Andreas Antonopoulos, Erik Voorhees, Juan Llanos, Marco Santori and many more, this is a conference you would not want to miss. Register today!
Latest News
Variety Jones, the alleged mentor and adviser to the Silk Road's creator, has finally been arrested in Thailand.
Goldman Sachs filed a patent application earlier this month for a securities settlement system based on a new cryptocurrency called “SETLcoin”.
Blockchain technology startup Chain will be shutting down its free bitcoin API service at the end of this year. This follows the same move that Neuroware did couple months back.
Ecosystem
Decentralized cloud file hosting service operator Sia has announced the launch of an automated peer-to-peer blockchain-based collaborative cloud for data storage. Similar to decentralized storage projects Filecoin and Storj, Sia aims to create a trustless, fault-tolerant, file storage service.
Dogetipbot has announced it will go open-source just over one year after raising $445,000 from investors including Blackbird Ventures.
Visa Europe Collab walked us through the bitcoin remittances proof-of-concept prototype they built with the startup Epiphyte.
Changes made this week to Mycelium.com show a new landing page, showing off the new bitcoin hardware wallet, called the Mycelium Card. Additionally new videos have been released showing off the new wallet and how it works.
Mining
The largest mining pool outside of China, controlling some 15 percent of hashing power on the Bitcoin network, maintains that it won't change its code to allow for bigger blocks through a solution that's not broadly accepted by the Bitcoin community – such as BIP (Bitcoin Improvement Proposal) 101. “We will not use a solution if it is not based on a consensus among the Bitcoin community, as we think the idea of consensus is central to the Bitcoin protocol,”
F2Pool, the world's largest Bitcoin mining pool, maintains that changing its code to allow bigger blocks through BIP 101 or Bitcoin XT is not an option.
Learn
Plooy recently gave a presentation on his alternative implementation, Amiko Pay, at Scaling Bitcoin Montreal. During his talk, Plooy noted: “If you look at the basic design of the Lightning Network -- a network of payment channels. This is actually quite an old idea. There have been several variations of this, and the Lightning Network just happens to be the best so far.”
RootStock is a smart-contract peer-to-peer platform built on top of the Bitcoin Blockchain. It goal is to add Value and Functionality to the core Bitcoin network by the implementation of sophisticated smart contracts as a Sidechain.
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