Issue #121
18 - 24 April 2016
Bitcoin price broke through the $450 barrier this week as traders rallied behind news that the code for Segregated Witness has been released raising hopes to a solution of the block size problem.
Bobby
BITCOIN PRICE (BITSTAMP)
Latest News
Ethereum startup Ethcore has raised $750,000 in a preliminary, pre-seed funding round led by Silicon Valley-based Blockchain Capital and Shanghai-based Fenbushi Capital. Ethcore intends to further pursue the development of the Ethereum blockchain stack and assist partners who wish to innovate using the smart contract platform.
Bitsquare, an open source project led by the Austrian-born Manfred Karrer, allows anyone to trade Bitcoin for fiat currency as well as altcoins, without requiring a company, central intermediary or permission from anyone.
Ecosystem
ShapeShift CEO tells the story of the recent ShapeShift hack, detailing the betrayal committed by one of his own employees.
DigixDAO will be creating tokens that are backed by gold value on the Ethereum blockchain whereby tokens are minted through a Smart Contract.
Block Size Debate
After months of coding, Segregated Witness is getting close to rollout, as a pull request was submitted to Bitcoin Core earlier this week.
Wouter Schut wrote a piece on some possibilities on what will happen to Bitcoin when these 4 events happen in the next 1-3 months:
- Hitting the hard-limit
- Segregated Witness Softfork
- 14Nm mining chips
- Halving
Learn
Morgan Stanley positioned its stock for medium-term blockchain earnings, according to a report in which the bank ventures it predictions for the future.
Tim Swanson looks at the cryptocurrency ecosystem again with some solid data to back up his claims. According to him, there is less data available today than previously available.
Balaji Srinivasan, CEO of 21 Inc had a tweet storm recently explaining his thoughts on private blockchain.
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