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AltcoinWeekly - Issue #80

Issue #80

6 - 12 June 2015 

This week OpenBazaar announced $1 million in funding backed by big-name VCs and angel investors. It would be interesting to follow the progress of OpenBazaar in the coming months.

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Latest News

Blockstream to Release First Open Source Code for Sidechains

Blockstream has announced the release of the first open source code for sidechains, its signature project aimed at bitcoin scalability issues.

OpenBazaar Raises $1 million in Funding

The OpenBazaar core team is excited to announce that we’ve received $1 million in seed funding from Union Square Ventures, Andreessen Horowitz, and angel investor William Mougayar to develop the OpenBazaar protocol and client, and build the first business on top of the OpenBazaar network.

Smart Contracts Platform Symbiont Raises $1.25 Million

Smart contracts platform Symbiont has closed a $1.25m seed funding round.


Arguments in the Bitcoin Block Size Debate

David Sterry wrote a blog post summarising the For and Against arguments in the ongoing Bitcoin block size debate.

Making Decentralized Economic Policy

Jeff Garzik gives his views on the bitcoin block size debate.

8 Problems for the Bitcoin Community to Solve Before Block Size

According to Jeremy Rubin, the Bitcoin community needs to solve these 8 problems before the block size problem: Privacy, Testing & Simulation, Formalization, Usability of Crypto, Developer Education & Resources, Systematization of Knowledge, Mining Decentralization, Fork Support Protocol


My Life Inside a Remote Chinese Bitcoin Mine

HaoBTC's Eric Mu speaks about life at the company's bitcoin mine in the Tibetan mountains.


Russia Expected to Legalize Bitcoin P2P Transactions

Russia’s Central Bank may soon allow and regulate transactions in Bitcoin, according to a leading Moscow newspaper.

This Lawsuit Could sink one of the hottest bitcoin companies

LifeLock alleges that Xapo was developed at Lemon, a company LifeLock acquired.


OpenBazaar’s Peer-to-Peer eCommerce Vision

William Mougayar, an angel invested who invested in OpenBazaar's $1million funding round shares his insights into why he thinks OpenBazaar has the potential to be big as an e-commerce platform.

Towards a Unified Model for Replicated, Shared Ledgers

Richard Brown in this blog post tries to explain why we should be thinking about permissionless ledgers as a classic example of disruptive innovation and how he thinks that banks could think about permissioned ledgers in the interim.


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