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Ethereum Potential As A Cryptocurrency And Its Dangers

August J, 2017
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Ethereum Potential As A Cryptocurrency And Its Dangers Ethereum might revolutionize business and technology, or it may be merely a transitional platform displaced by other blockchain technologies. The world of Ethereum, to be sure, has an element of the eccentric. Ethereum is a technology started 24 months ago by a 21-year-old college dropout, Vitalik Buterin. Among the facts listed on his slender bio: in 2011 he won third place in a high school programing competition. Yet Ethereum is now supported…

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Mastercard Eyes Cryptocurrency Refunds in New Patent Application

August J, 2017
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Mastercard Eyes Cryptocurrency Refunds in New Patent Application A new patent application from Mastercard suggests that the global credit card issuer is exploring ways to build refund services for cryptocurrency users.   The application, titled "Information Transaction Infrastructure", was published by the the U.S. Patent and Trademark Office (USPTO) on August 3, having been submitted in late January. Vladimir Goloshchuk, who according to LinkedIn previously worked as a senior analyst at Mastercard, is listed as the sole inventor.   The…

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Grandpa Had a Pension. This Generation Has Cryptocurrency

August J, 2017
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Grandpa Had a Pension. This Generation Has Cryptocurrency. Most readers have probably heard of Bitcoin, the digital coin that dominates the cryptocurrency market. It has gained notice both because of its skyrocketing value (from less than a cent in early 2010 to around $2,600 currently) and because it is frequently a key player in hacking- and black-market-related stories, from the looting of nearly half a billion dollars in coins from the Mt. Gox exchange in 2014 to the recent demand…

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In Less Than 2 Days, Bitcoin Cash Becomes Third Biggest Cryptocurrency

August J, 2017
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In Less Than 2 Days, Bitcoin Cash Becomes Third Biggest Cryptocurrency   Barely 48 hours since its spin-off from the Bitcoin blockchain, Bitcoin Cash has already surged past other cryptocurrencies to become the third-biggest in terms of market capitalization. How the currency will fare over time is still up for debate, as it still lacks support from several mining pools and major exchanges.   UNEXPECTED BOOM Less than two days after splitting from the main Bitcoin network, Bitcoin Cash [BCC]…

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Bitcoin Slide Looks Limited Even After Cryptocurrency Splits

August J, 2017
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Bitcoin Slide Looks Limited Even After Cryptocurrency Splits Bitcoin might be dividing into two separate blockchains, but its downward slide has so far been contained, signaling confidence the biggest cryptocurrency will come out of the split unscathed. The debate over how to scale bitcoin came to a head Tuesday as some cryptocurrency miners started using software called Bitcoin Cash and splitting a new blockchain off the old one. Blockchain is the technology used for verifying and recording digital currency transactions.…

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Bitcoin Cash Futures Plunge on ViaBTC

August J, 2017
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Bitcoin Cash Futures Plunge on ViaBTC   The creators of Bitcoin Cash believe support for segregated witness was a mistake – and a diversion from Satoshi Nakamoto’s vision for Bitcoin – and they aim to help bitcoin scale by immediately increasing the block size from 1 MB to 8 MB. Since Bitcoin Cash is forking the Bitcoin blockchain, most bitcoin holders will receive an equal number of bitcoin cash. As long as you control the private keys of your bitcoin…

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