The Official Bitcoin Core Feed
17 May
0
CNBC said Obama needs to embrace Bitcoin soon
According to a CNBC writer President Barack Obama needs to embrace Bitcoin soon.
In fact, some days ago Barth Chilton, former commissioner of the Commodity Futures Trading Commission (CFTC) and senior policy advisor at the global law firm DLA Piper, wrote that the Obama administration should now move on bitcoin and the blockchain.
Chilton explained as the blockchain technology can be a great economic value for the U.S.A. so Obama should heed the call on Bitcoin.
Chilton commented:
“Without some proactive steps, such as a Self-regulatory Organization (SRO) and/or word from on high by the president, the U.S. could lose out on what are potentially enormous economic benefits.”
Chilton worked as a commissioner between 2007 and 2014, and he wrote a book titled “Ponzimonium: How Scam Artists Are Ripping Off America.”
In his article, Chilton explained that Obama should pay attention to Bitcoin because a lack of interest on it could let “U.S. lose out on what are potentially enormous economic benefits”.
Huge Opportunities
There are 15.5 million bitcoins and the digital currency has a market capitalization of nearly US$7 billion, so Chilton explained how important is embracing bitcoin and digital currencies right now.
“There is a huge opportunity that can be tapped into if US government officials and industry thought-leaders establish an appropriate balance between basic consumer protection regulation and an openness which not only permits, but fosters and promotes, innovation”, he wrote.
Also, Chilton compared what U.S.A. did with Internet to what this country can do with Bitcoin, by saying:
“We did it with the internet — and we need to do it now with virtual currencies like bitcoin”.
Multicurrencies Wallet – Open yours for free
To buy and spend your digital currencies, you may need a wallet where you can store your bitcoin, for example.
On HolyTransaction wallet you can hold several cryptocurrencies including Ethereum, Litecoin, Blackcoin, etc.
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13 May
1
The 5 must read Bitcoin Books
In this daily blog post we listed a HolyTransaction the 5 Must Read Bitcoin Books.
The crypto world is very intricated and internet is full of articles, whitepapers and ebooks about Bitcoin, so it could be difficult to figure out which authors or books are more interesting to read.
As we don’t want you to waste your time we listed 5 must read Bitcoin books.
Blockchain Revolution by Don Tapscott and Alex Tapscott
Some months ago we wrote about Don Tapscott and his idea on how the blockchain could disrupt services as AirBnb.
This is just one example of Tapscott’s suggestions about the Blockchain and how this ledger is a great innovation that can change the worlds as we know it.
Don and his son Alex are the authors of the new book “Blockchain Revolution”, in which they commented on the lots of Blockchain applications, starting from the music industry. This is one of the few books that explains the blockchain technology.
The Bitcoin Bible by Benjamin Guttman
This is a very easy-to-understand book with interviews and articles written by the most insightful experts of the Bitcoin community.
In its more than 200 pages Guttman explains everything you need to know about Bitcoin with pratical examples, charts and curiosities.
The first part of the book is related to the Bitcoin basis: what it is, how a transaction works, how we can obtain Bitcoin, etc.
The second chapter is about social aspects and opinions so you can find articles about how this cryptocurrency can help countries in crisis or in development.
The third one is about mining, and if you go on reading this book you can also find everything you need to know about exchanges, legal aspects, bitcoin venture capitalists and more.
The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World by Brian Kelly
Written by one of the CNBC authors, in this book Brian Kelly explains the origins of this digital currency, the evolution of the payment system, how the Bitcoin network can facilitate instant trasfer of values and the Bitcoin mining, so how to invest in it.
Mastering Bitcoin by Andreas Antonopoulos
It is impossible to write a top list of the Bitcoin books without quoting the one by Andres Antonopoulos, one of the most important people in this community.
Antonopoulos founded several bitcoin-related businesses and launched lots of open-source projects. He also writes articles on bitcoin and is a permanent host on the program “Let’s Talk Bitcoin”. To know more about Andreas M. Antonopoulos’s read his profile page.
5) Bitcoin revolution: La moneta digitale alla conquista del mondo by Davide Capoti, Emanuele Colacchi, Matteo Maggioni
This is an Italian book only, so in this case we are talking with our Italian readers.
Bitcoin revolution is a simple guide on the Bitcoin world and it explains how mining works and how to invest in this cryptocurrency.
This is not a book for just technical experts of this field, but it aims at speaking with a wide range of people to let them understand how important Bitcoin can be for our daily life.
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11 May
0
Bitcoin, the trust chain that banks and governments cannot corrupt
Bitcoin is a trustless money
For centuries the use of money evolved according to available technologies and society needs. Bitcoin is a currency and each currency is information.
The information must be exchanged, only this way it can be recognized and associated with a value, especially in today’s world drawn as a network.
How trust can be betrayed
Problems arise when – while exchanging information – there are intermediaries who betray the trust, for example:
1 .central banks, if it inflates the currency (es. quantitative easing, or a tool to inject more liquidity into the market in order to indirectly encourage households and consumer businesses);
2. banks, if they fail, taking away our funds on current accounts (see bail-in or, in case of failure, no longer pays the state, but shareholders , creditors and depositors);
3. governments, if it confiscates assets or block transfers (Amato government in ’92) ;
4. national currency, if it is accepted everywhere (or if it is excluded from a stronger system, for example euro ) ;
5. privacy, if it is violated during the online shopping;
Whoever believes in a cryptocurrency such as bitcoin, knows that history (Argentina, Cyprus, Greece, etc.) has already shown that it is not possible to have confidence in all these linked subjects, because each one carries its own interests.
A centralized entity can actually change, omit or delete any data that passes through its control, since in these entities work people that have a corruptible nature.
What is the “pre-trust” ?
Now, not only friction, costs and transaction times can be reduced, but corruption can be eliminated too. It is virtually impossible to corrupt the ledger: you cannot write on it, and you cannot change what other people write on it: it is no longer a human job.
So, if there is no trust, to have a secure system we need a network that can perform an action associated with a cost. Since you don’t know the other person you are exchanging the value with you have to “pre-trust” in 3 basic elements: mathematicians, economists, technicians.
1. Mathematicians, with the asymmetric encryption, or the concept of public and private keys, you need to certify who is the true owner of the property;
2. Technicians, with the network that reaches consensus through the “proof-of-work” system, and valid the transactions before they are permanently written onto the blockchain, so it is no longer possible to repeat the processing fraudulently (thus solving the problem of double spending)
3. Economists, because of the incentive to earn money with bitcoin. For these reasons a public blockchain cannot live without the use of bitcoin if we want to have its maximum security .
All the above systems are designed to work together without the need for intermediaries.
Now people are starting to use cryptocurrencies, such as Bitcoin, as a method of payment and at the same time entities that accept it are spreading quickly.
On CoinMap you can see the map of all the places where these exchanges take place. And, what is the infrastructure that supports this exchange? The blockchain.
Blockchain, the infrastructure that runs bitcoin
The blockchain – to define it in simple terms – is a timestamp, so it is only a consequence. The important thing is the protocol, the safe encryption with which transactions are signed.
It is not important the account balance, but how reliable is that publicly available data.
So far, paradoxically, it relied on the piece of paper in the hands of anyone. But the paper documents are now easily forged, to be trusted more if we read the declaration of property on blockchain .
Lavoiser stated: “Nothing is created, nothing is lost , everything is transformed .”
But it was a law that applies only to the material world . For the digital world , in blockchain format , the new law is : “Everything is created , nothing is lost , nothing can be changed.”
This article was originally written by Massimo Chiriatti on Startup Italia.
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9 May
0
Italian Startup Helperbit will participate to the World Humanitarian Summit
Italian startup Helperbit has announced its participation to the Innovation Marketplace at the World Humanitarian Summit, event held by the United Nations on May 23 in Istanbul, Turkey.
What is World Humanitarian Summit
This event focuses on the daily problems that people all around the workd face everyday.
To do so, representatives of the government, local communities, international and humanitarian organizations are working together for a common goal: eliminate crisis and sufferings.The World Humanitarian Summit provides a great opportunity for worldwide leaders to help humanity in its difficult journey.
Innovation Marketplace
This particular event will show innovation, products and services that aims at improving people life. And now it also opened up to blockchain-related projects.
Among those startups, there will be Helperbit that use the distributed ledger to solve problems related to inefficiency, opacity and inadequate administration of the funds when disasters happen.
So, through the distributed ledger, Helperbit wants to make the flow of donations visible and transparent, so that the redistribution of money would be solved.
Helperbit is a natural disaster management platform that wants to help stricken people with a simple peer-to-peer donation system.
In fact, have you ever wondered what happens to the donated money? And what if it never reaches its final destination?
During the past few years, when a disaster event occurred, often someone talked about the fact that the money was gone and never reached the poor people affected.
Helperbit wants to solve this common behavior.Helperbit CEO Guido Baroncini Turricchia, explained:
“We are pleased that the United Nations identify the Blockchain as a promising research field, and that they considered Helperbit worthy of being shared as a positive application that offers transparency and efficiency in the management of humanitarian funds.”
How Helperbit Works
Helperbit platform was launched on April 20th, 2015 and since then they captured the interest of people because of their innovative project.
In fact, this is the first service that uses the blockchain related to the natural disaster management for peer-to-peer donations.
The platform launch was carried out a few days before the sad event that shocked Nepal, making present again the theme of donations – that due to bureaucratic delays, government seizures and delays – slower the aid and the possibility of support from volunteers and associations.
The Helperbit website is still in a “coming soon” phase, but in the meantime this startup is winning lots of awards, including the Blockchain Startup Competition held at the d10e in Amsterdam.
If you want more info or you want to help the project, here you can sign up.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
8 May
0
Twitter, Bitstamp, European Parliament: Monthly Recap about Bitcoin
Welcome to HolyTransaction’s fifth monthly recap for the 2016! Thanks for this month together.
April has been marked by continued interest in bitcoin technology from all around the world; during that time, the bitcoin price rose from a high of $469.31 on April 21st to a low of $435.08 on April 28th, according to Bitcoin exchange Bitstamp.
6 amazing pictures about Bitcoin
Bitcoin is the money of Internet and what is the best way to communicate through the web?
Pictures, of course.
Thanks to pictures, in fact, we can communicate things that are very difficult to explain in words.
So, let’s see the top 6 of the best pictures about Bitcoin.
15 oddest places where Bitcoin is accepted
Nowadays you can buy almost everything with bitcoin.
As well as lots of e-commerce and famous worldwide brand that accept Bitcoin all around the world.
Also, you will find out there are several other shops where you can buy your favorite items with Bitcoin.
Click on the title to read the full list of the oddest places where bitcoin is accepted (for several of them you can buy a gift card for bitcoins on gyft.com).
That’s why $400 Bitcoin price is low
Today Daniel Masters, ex trader at JP Morgan, published an interesting article about the bitcoin price on Linkedin.
In this article, Masters comments the upcoming halving of rewards for the miners and its impact on the current bitcoin price.
Blockchain is the perfect technology according to the European Parliament
During the last week, a European parliament member gave a speech about consumer protection for the latest campaign that aims at realizing new rules related to the blockchain.
How Twitter can teach you everything you need to know about Bitcoin
Twitter is one of the most popular social networks in the world and there are over 307 million people that actively use Twitter.
Also, the greatest part of Bitcoin experts has a Twitter account; and this is a fact.
So, this is why you will find lots of info about Bitcoin on Twitter; you just need to follow the right people and bloggers.
Click on the title to read the full list of influencers you may need to follow on Twitter to deeply understand bitcoin and the blockchain.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
5 May
1
How to use Facebook Messenger to create warranties on the Blockchain
The British advisory company Deloitte recently used the new Facebook Messenger API to create a program that store warranties on the Bitcoin blockchain and allows clients to buy items insurances even after their purchase.
Of course this is only an early version of the complete Deloitte project, which is capable of working without any applications to be downloaded by the user.
On the company website, Deloitte service designer, Frank van de Ven, explains:
“It allows users to add information regarding their purchases and associated warranty information on the blockchain, by using a Facebook Messenger bot.”
Facebook Messenger users are more than a billion from all around the world, so to allow startups create products for their clients, Facebook decided to expand its Messenger app, creating a new API that allows custom bots.
This news came on April 12nd, 2016 at the annual F8 of San Francisco. During this event, in fact, Facebook presented this new bot.
“Messenger Platform: Expanded access to the Messenger platform by giving you the ability to reach your customers where they already are with a new send and receive API. You will be able to build a custom bot in Messenger, providing anything from customer service to rich, interactive experiences such as automated responses or spawning a search”, explained Facebook VP Deborah Liu.
How the warranties bot works
The Deloitte warranty bot allows people to send a receipt image through the Facebook Messenger app.
Thanks to the Colu blockchain toolbox, this Deloitte feature creates a QR code and stores the bought item information on the well-known distributed ledger.
When people upload the warranty, the bot will allow items owners to transfer the warranty if the item will be resold.
It is a great idea for sure and we can’t wait to use this tool in the near future.
Multicurrencies Wallet
Blockchain is the technology that allow Bitcoin transactions.
To store your bitcoin you may need a wallet.
Open your on the HolyTransaction wallet and you will be able to store also other digital currencies such as litecoin, dogecoin, blackcoin, ethereum and more.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
4 May
0
Amazon partners with Digital Currency Group
Always more companies are developing a private blockchain for their security reasons or aim at using the bitcoin blockchain for their business objectives.
In the latest blogs, in fact, we talked about companies such as DARPA or AirBnB who plan to use the blockchain for their private goals.
The “blockchain as a service” partnership
Well, today we want to talk about Amazon Web Services (AWS) who recently announced its collaboration with Digital Currency Group (DCG), one of the most important investors in the blockchain, to provide to DCG’s startups a secure place to work and a technical support for their projects related to bitcoin.
Amazon Web Services, in fact, provides cloud computing services for websites and applications, so the blockchain could be very useful to improve their database security and other objectives.
The DCG empire
The DCG startups portfolio includes almost 100 Bitcoin companies from all around the world, including Chain and RSK and recently it received a big investment from Mastercard, Western Union, New York Life, Canadian Imperial Bank of Commerce and more.
In a recent post, Amazon Web Services developer Scott Mullins explained the partnership between AWS and DCG.
“Today in financial services, distributed ledger technology is at the forefront of any discussion related to innovation. AWS is working with financial institutions and blockchain providers to spur innovation and facilitate frictionless experimentation. DCG is a recognized leader in distributed ledger technology, and we are excited to work with them and their portfolio companies to provide laboratory environments for enterprise experimentation with blockchain technology on AWS”.
Multicurrencies Wallet
Blockchain is the technology that allow Bitcoin transactions.
To store your bitcoin you may need a wallet.
Open your on the HolyTransaction wallet here for free and you will be able to store also other digital currencies such as Litecoin, Dogecoin, Blackcoin, Ethereum and more.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
30 Apr
0
Blockchain is the “perfect technology” according to the European Parliament
During the last week, a European parliament member gave a speech about consumer protection for the latest campaign that aims at realizing new rules related to the blockchain.
The perfect technology
In fact, the Lithuania representative Antanas Guoga defined the blockchain a “perfect technology” during a speech before the Internal Market for Consumer Protection Committee, which is thinking about advancing a new proposal for cryptocurrencies.
Guoga explained:
“I’m sure a lot of us politicians haven’t got any bitcoins at the moment and we’re trying to make laws for something we don’t understand. I would suggest everyone to get some bitcoins and really learn about the system. It’s a huge leap forward and a huge opportunity.”
Guoga wants the European Commission to open a task force to monitor digital currencies.
The committee said yes
A voting on the proposal was held on April 26th and the result was 54-to-1 members that want the creation of a cryptocurrency task force.
This proposal will be voted by the entire European Parliament in the near future.
Watch the full video of the speech
Click here to listen to the entire Antanas Guoga’s speech.
Multicurrencies Wallet
Bitcoin is the most popular cryptocurrency all around the world.
To store your bitcoin you will need a secure wallet where you can also hold Ethereum, Dogecoin, Litecoin and more digital currencies.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
25 Apr
0
Blockchain to be used on the battlefields by Darpa
The most popular research projects agency for defence, better known as Darpa, is studying a method to create a blockchain-based messaging platform to be used for battlefield objectives.
This DARPA’s project is still just an idea, but it comes out thanks to a website post on its official websites.
DARPA became very popular thanks to its revolutionary ideas and its goal of promoting emerging technologies.
In fact, back in the ’60s, DARPA created ARPANET, a primitive form of what today we call Internet.
The press release
According to the official press release, DARPA aims at creating a”secure messaging system” using a “decentralized ledger” to allow encrypted secrets.
The press release explains:
“There is a critical DoD need to develop a secure messaging and transaction platform accessible via web browser or standalone native application. The platform separates the message creation, from the transfer of the message within a secure courier to the reception and decryption of the message.”
The 3-steps model
DARPA believes it will need 3 stages to bring the project to reality.
- Development: “built on the framework of an existing blockchain framework”, using the blockchain as a model;
- Creation of prototypes and commercial-scale versions of the network;
- Deployment
Applications
According to DARPA, this system can be used within the DoD offices to interact in a secure way.
“By doing this, significant portions of the DoD back office infrastructure can be decentralized, smart documents and contracts can be instantly and securely sent and received thereby reducing exposure to hackers and reducing needless delays in DoD back office correspondence. As an example, Military Interdepartmental Purchase Requests (MIPR) could be implemented using the secure ledger.”
The system could be also used for battlefield applications.
“Troops on the ground in denied communications environments would have a way to securely communicate back to HQ, and DoD back office executives could rest assured that their logistics system is efficient, timely and safe from hackers”.
Multicurrencies Wallet
To use the most part of these tools you may need an online walletwhere you can store your bitcoin.Sign here for free and create yourHolyTransaction wallet.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
21 Apr
0
How Twitter can teach you about Bitcoin
Twitter is one of the most popular social networks in the world and there are over 307 million people that actively use Twitter.
Also, the greatest part of Bitcoin experts has a Twitter account; and this is a fact.
So, this is why you will find lots of info about Bitcoin on Twitter; you just need to follow the right people and bloggers.
Below you can read the full list of influencers you may need to follow on Twitter to deeply understand bitcoin and the blockchain.
This list was identified using measures like the followers number, engagement frequency, amplification, quotes by important writers, etc.
TOP INFLUENCERS
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Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com -
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Computer Scientist at the U.S. Naval Research Laboratory, security and privacy researcher and academic. Develops the Shadow network simulator, hacks on Tor. -
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Post-doc at Cornell -
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Originator of the credit network part of Ripple. Software developer, early-phase consultant. -
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Prof @Cornell, co-director @ http://initc3.org , system builder. Passionate about Dist Sys, OSes, NoSQL, and Bitcoin. HyperDex, Weaver, Bitcoin-NG. -
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Freelance extreme programmer / agile consultant / Bitcoin-related developer. Chief Cyber Yeoperson at MEVS. Likes to rant on the internet. Trainee uncle. -
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Bitcoin Dev/Blockstream Co-Founder who (mostly) doesn’t use Twitter -
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Investment Manager at Pathfinder Capital. Author of The Intelligent Crypto-Investor. Passion for investing in the Bitcoin ecosystem and emerging markets -
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Chief Scientist, Bitcoin Foundation. All-around geek. -
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Bitcoin MSc -
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Filosofo del Software. Lisp FanBoy -
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Bitcoiner, Ex-physicist, Returned Peace Corps Volunteer -
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Nakamoto Institute director of research -
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CEO & Co-Founder @HolyTransaction | Net Strategist, Bitcoin evangelist | Music is Language@MothRecords -
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I do research on voting systems, TLS, Bitcoin, panic passwords and other topics in applied cryptography -
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Entrepreneur by design and Investor at heart, focused on the utilization of technology to disrupt consumer financial services. Founder of Ribbit Capital -
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Instigator, Entrepreneur, Investor, Venture Capitalist, Cancer Researcher, leader of @BlockStream, Poker Strategist -
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Tadge Dryja @tdryja
Nick Szabo @NickSzabo4
Rob Jansen @robgjansen
Ittay Eyal @ittayeyal
Ryan Fugger @rfugger
Emin Gün Sirer @el33th4xor
Martijn Meijering @mmeijeri
Matt Corallo @TheBlueMatt
Bastian Brand @ICryptoInvestor
Gavin Andresen @gavinandresen
ThePiachu @ThePiachu
Fabio Castaldo @_fabiux_
Andrew Barisser @abarisser
Alex Morcos @morcosa
Daniel Krawisz @DanielKrawisz
Tim DraperVerified account @TimDraper
Dan McGinn @dan_mcginn
Francesco Simonetti @aboutaredhead
Jeremy Clark @PulpSpy
halfin @halfin
Meyer Malka @mickymalka
Austin Hill @austinhill
Joseph Poon @jcpOpen your free digital wallet here to store your cryptocurrencies in a safe place.