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AltcoinWeekly - Issue #92

Issue #92

29 August - 4 September 2015 

Blythe Masters, CEO of Digital Asset Holdings appeared on the front page of Bloomberg Markets this week. How times have changed. Read the story here.
Bobby

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BITCOIN PRICE (BITSTAMP)

Bitcoin Price

 

Latest News

Blythe Masters Tells Banks the Blockchain Changes Everything

The banker who helped give the world credit-default swaps wants to upend finance again—this time with the code that powers bitcoin.

Coinbase Expands to Canada and Singapore to 'Spur Mainstream Bitcoin Adoption'

Leading bitcoin exchange and wallet provider Coinbase has expanded its services to Canada and Singapore.

Preliminary, Simplified Implementation of Bitcoin Lightning Network Released

Lightning networks are considered a promising innovation in the Bitcoin space, which would make the Bitcoin system much more scalable and able to process transactions at a high rate and low cost, and are suitable as an alternative to existing payment networks.

Market

How I (currently) Explain The State of Blockchains To Executives and Researchers

As a smart contract and blockchains startup we are asked to explain the general state of the technology more than if we were a startup in a more established technology. Here's Casey's (current) thoughts.

Ecosystem

Gavin Andresen: We Need a New Way of Governing Bitcoin

The inability for the Bitcoin development community to come to consensus on proposed changes may lead to a change in Bitcoin governance.

Peter Todd: Unconfirmed Transactions are Not Secure

While much of the Bitcoin industry still relies on unconfirmed transactions, Peter Todd contends that they "aren't very secure."

Bitcoin Network Stress Test Could Occur Next Week

CoinWallet has confirmed that next week at 10am Thursday (GMT) it will push ahead with its biggest stress test so far.

Inside the Movement to Build a Bitcoin-Powered Reddit

CoinDesk previews developer Ryan X Charles' forthcoming decentralized Reddit project, now known as DATT.

Mining

A Closer Look at BIP100: The Block Size Proposal Bitcoin Miners are Rallying Behind

Aaron van Wirdum explores BIP100 in detail. BIP100 has been backed by F2Pool, BTCChina, BitFury, KnCMiner, 21 Inc. and several smaller pools.

Seven reasons a "vote" for BIP100 is a bad idea

BIP100 is not a “moderate” proposal. It introduces new mechanics that are untested and could wreak havoc.

BIP101 implementation flaws

Organ of Corti gives his opinions with regards to the implementation flaws of BIP101 aka Bitcoin XT.

Entry and Exit Leads to Zero Profit for Bitcoin Miners

A detailed analysis of Bitcoin mining profitability taking into account electricity price, ASIC efficiency, future block reward halving.

Legal

California Bitcoin Bill Adds New Reporting Requirements

The California Senate Appropriations Committee has voted 6-1 to advance a bill that would create a licensing regime for bitcoin companies.

 

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