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AltcoinWeekly - Issue #82

Issue #82

20 - 26 June 2015 

Hi guys, I'm heading to London tomorrow for two weeks. If you are in London and fancy meeting up, hit the Reply button and let me know! I will be attending the CoinScrum meetup featuring Andreas Antonopoulos on 6th July so do inform me if you are going too!
Bobby

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BITCOIN PRICE (BITSTAMP)

Bitcoin Price

 

Latest News

Blythe Masters Firm Acquires Two Blockchain Startups

Digital Asset Holdings has announced the acquisition of two blockchain startups: Hyperledger and Bits of Proof.

Blockchain Startup Raises $2 Million for Intellectual Property Solution

A startup that uses the bitcoin blockchain to digitally establish ownership of art and other creative works has raised $2m in seed funding.

Market

Preview: “The market for bitcoin transaction inclusion and the temporal root of scarcity”

Konrad Graf offers his opinion behind the block size debate from an economics point of view.

Ecosystem

RBS Trials Ripple as Part of £3.5 Billion Tech Revamp

RBS confirmed it is undertaking a proof-of-concept with Ripple technology, following a high-profile payments mishap earlier this month.

New Colored Coins Implementation Released After Standard Drive Abandoned

A recent attempt to standardize the development of the oldest bitcoin protocol for asset transfer has resulted in a new implementation.

Mining

Chinese Mining Pools Call for Consensus; Refuse Switch to Bitcoin XT

Three of China's biggest mining pools – F2Pool, BTCChina Pool and Huobi Pool – maintain that the Bitcoin Core development team should strive for consensus, and will therefore not support a switch to Bitcoin XT

What the CoinWallet.eu tx-flood stress-test means for you and how to deal with it

Recently "CoinWallet.eu" announced that they were going to do an "Ultimate" Bitcoin stress test, flooding the network with transactions. It looks like they are in fact going ahead with that by spending 20BTC - about $5kUSD - to create transactions with a fee of 0.1mBTC/KB to flood the network with transactions. Peter Todd explains how the situation works and how transactions can be verified.

Can miners exploit a block size increase?

Jonas Nick found that as long as there is no network partition, he didn't find a scenario yet where a miner can profit by creating bigger blocks.

Legal

FATF: Regulate Virtual Currency Exchanges to Counter Crime Risks

Digital currency exchanges and gateways need to be tightly regulated to prevent money laundering and terrorism financing, says the latest FATF report.

Ex-Coinbase Compliance Officer: Basic Questions Still Hold Back Bitcoin

CoinDesk speaks to ex-Coinbase CCO Martine Niejadlik regarding the state of compliance and regulation in the digital currency industry.

Learn

Introducing the timechain

The timechain is a new deterministic data structure that uses a chain of time-lock encrypted RSA public keys at 5 minute intervals whose publication is incentivised through the use of hash-locked financial rewards.

A developer-oriented series about Bitcoin

A tutorial series for developers to get started with Bitcoin development.

 

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PS: If you get value from this newsletter, I'd appreciate your BTC support: 17JTkZzg4xZqWDbzdeGiL2rtNPcpi64aZ7 - any BTC tips I receive go directly to funding research for this newsletter. Thank you loads for the support :)

 
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