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AltcoinWeekly - Issue #127

Issue #127

25 June - 10 July 2016 

The second bitcoin halvening happened! We are now down to 12.5 BTC mining reward every 10 minutes. Despite all the talks about price volatility, the event came by without much change to bitcoin price. Let's see if the coming week will result in increased price volatility.
Bobby

BITCOIN PRICE (BITSTAMP)

 

Latest News

Mitsubishi UFJ Invests in Bitcoin Startup Coinbase

Coinbase to raise about $10.3m from Japan's largest bank, Mitsubishi UFJ Financial Group in latest investment, taking the total amount raised to near $120m.

Bitcoin Exchanges Weigh Impact As Vogogo Moves to Shutter Payments Service

Bitcoin services startup Vogogo is closing its payment processing service next month after it failed to gain traction or generate money.

Ethereum & The DAO

Bitcoin Core Developeres Comment on The DAO Disaster

The Bitcoin and Ethereum communities appear to have different philosophies on the finality of settlement on their respective blockchains.

Balaji Srinivasan on 3 Potential Downsides of Ethereum

Although he's interested in the potential of Ethereum, 21 CEO Balaji Srinivasan sees some potential issues with the smart contracts platform.

Renowned Futurists Merkle, Hanson on the Future of Government Using DAOs and Prediction Markets

Merkle’s thesis is that DAOs and crowdsourcing could lead to a new form of democracy which is more stable, less prone to erratic behavior, better able to meet the needs of its citizens and which better uses the expertise of all its citizens to make high-quality decisions.

Ecosystem

Bitfury Releases Proposal for Bitcoin Lightning Micropayments Routing

Bitfury Group, in collaboration with the open-source Lightning Network community, has released a white paper on lightning routing.

21 Bitcoin Computer Review

CoinGecko reviews the 21 Bitcoin Computer. We set up the computer and explore what you can do with the 21 Bitcoin Computer.

Learn

KPMG Consensus Report

George Samman wrote an excellent report on blockchain technology in this KPMG report.

The Four Layers of the Blockchain

Computer scientist, David Xiao suggests we think of blockchain in terms of 4 layers: consensus, mining, propagation and semantic.

At $400 Million a Year, Academic Argues Bitcoin Mining Worth the Cost

A recent note from the University College London’s blockchain research center explores the fair cost of bitcoin mining.

 

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