Sentences with phrase «of idea of bitcoin»

Not exact matches

The irony is that many of those touting the idea of the blockchain without bitcoin don't realize that one needs the other to exist: the reward of bitcoins motivates miners to add bitcoin transactions to the blockchain.

But Spangenberg describes his latest, and what he thinks will be the biggest and longest - lasting investing idea he has ever had, as something he stumbled into as a result of a friend convincing him to buy bitcoin.

But the idea that bitcoin could ascend to the status of a leading global currency without government regulators is naive.

If you don't know where to start with bitcoin, take a look at some of the existing business ideas that have already succeeded within the bitcoin world:

Some on social media were skeptical, however, of some of the report's loftier claims, including the idea of Telegram becoming a rival to currencies such as Bitcoin:

But in an interesting twist, a developer who was hired by Reddit to work on the idea of a «crypto - currency» — a form of Bitcoin that users could receive in exchange for contributing content, or as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.

One of Wall Street's top strategists and a longtime bitcoin fan has unveiled his top stock ideas to best play the cryptocurrency craze.

Bitcoin partisans, from developers down to rank - and - file users, often seem to revel in the idea that they are threatening the control and profits of Wall Street institutions, who they see as rent - seeking fat cats.

The idea is to build a new type of media economy, which relies on Ethereum - based tokens (an off - shoot of bitcoin) to fund worthy reporting.

So it shouldn't come as a surprise that the idea behind Bitcoin was endorsed years ago by Milton Friedman, the shaman of modern free - market economics.

«The idea is that as institutional investors seek out increasingly higher levels of risk / return, that Bitcoin may represent the most risky / potentially highest return available, and hence could be evolving quickly into a primary barometer / leading indicator for broader financial markets and risk appetite.»

Robinson says ICOs are like early bitcoin startups back in 2011 — many of the companies were either risky, unsustainable ideas, scams, or run by pioneers who move fast and break things.

Developers have been launching new Bitcoin projects at a rapid pace, and now a crop of incubators such as 500 Startups and Boost has emerged hoping to discover the next great idea in the space.

The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction.

Bitcoin Classic eventually introduced the idea of block - size voting, which relies on the principle of a variable block size.

Bitcoin Classic eventually introduced the idea of block - size voting, which relies on the principle of

That new model is here, and it's based on the idea of an appcoin or token: a scarce digital asset based on underlying technology inspired by Bitcoin.

To give you an idea of how comically difficult it is to get out of bitcoin, click on this chain of tweets from a Google engineer whose screenname is @TedOnPrivacy.

On the other hand, there's BitPay, which has sold merchants the idea of bitcoin as a low - fee retail payment system, and for whom the strangled state of the bitcoin blockchain has been a serious headache.

Anthony Di Iorio was one of the founders of Ethereum, the most prominent system to innovate on bitcoin's core ideas.

In Russia, officials under President Vladimir V. Putin have floated the idea of a Bitcoin - like crypto ruble.

He went to twitter for support of the idea earlier this week, seeking someone to help him make the card, funded by Bitcoin, a reality.

Although the institute welcomes abstract ideas, like Bitcoin Cloud, it takes a coin - agnostic perspective on digital currencies in order to study the overarching principles of cryptoeconomics.

Sure, more people than ever have probably heard about bitcoin, and they may have heard about some of its closest rivals by market cap, such as Ethereum and Ripple, but they don't have the faintest idea what purpose they serve or how they really work.

The idea was not so much about bitcoin, but about how to work with the problem of the art market.

Hard Fork will Make Bitcoin Cash Faster As the granddaddy of all cryptocurrency Bitcoin was a revolutionary idea built on groundbreaking technology, devised by...

Core sees criticism of their agenda as an attack on the idea of Bitcoin itself.

It is you and those alike you that ditched the idea of Bitcoin system in favor of something completely different, fact that r / bitcoin and all of Blockstream advocates and associates use propaganda, name calling and openly do and call for regulation and censorship, proves that all of you shit on Bitcoin system and its idea, but love to pretend to be the ones protecting it... well your propaganda won't work, there are plenty of us who do love and support Bitcoin (CASH) system and we will continue to expose your lies and propBitcoin system in favor of something completely different, fact that r / bitcoin and all of Blockstream advocates and associates use propaganda, name calling and openly do and call for regulation and censorship, proves that all of you shit on Bitcoin system and its idea, but love to pretend to be the ones protecting it... well your propaganda won't work, there are plenty of us who do love and support Bitcoin (CASH) system and we will continue to expose your lies and propbitcoin and all of Blockstream advocates and associates use propaganda, name calling and openly do and call for regulation and censorship, proves that all of you shit on Bitcoin system and its idea, but love to pretend to be the ones protecting it... well your propaganda won't work, there are plenty of us who do love and support Bitcoin (CASH) system and we will continue to expose your lies and propBitcoin system and its idea, but love to pretend to be the ones protecting it... well your propaganda won't work, there are plenty of us who do love and support Bitcoin (CASH) system and we will continue to expose your lies and propBitcoin (CASH) system and we will continue to expose your lies and propaganda.

At first glance, the idea that smaller blocks are bad for mining revenue may appear incorrect, since fee rates have recently exploded based on the demand of Bitcoin transactions outpacing the supply of space in the blocks.

Now that you have a better idea about what Litecoin is, let's take a look at the specifics of what Litecoin offers, and compare these to Bitcoin.

In our story, Core spreads fear of any and every business in the Bitcoin space that decides to accept Bitcoin Cash, labels them scammers or criminals, and pushes the false idea that they are colluding to destroy Bitcoin Core.

To give you an idea of Blockstream; It has hired most of the main and active bitcoin developers and is now synonymous with the «Core» bitcoin development team.

Low fees and fast transactions were between the main ideas of Bitcoin.

And it's clear that many people who casually bought into Bitcoin during one of its hype cycles have no idea that the system is about to hit an artificial limit.

You can read the original Bitcoin whitepaper for a general idea of Bitcoin is designed to do.

This story fits in so well, what you said Stalin did, was exactly what Blockstream people did, they all kicked out the real people that supported and promoted the actual original idea and system (in this case Bitcoin system) and then using censorship, propaganda and army of USEFUL IDIOTS to fight their dirty wars, try to take out the original idea, and replace the system with some other shit that will benefit them.

Iran's High Council of Cyberspace, one of the main entities deciding the fate of virtual currencies in Iran, has welcomed the idea of Bitcoin and other cryptocurrencies if they are harnessed by clearly - stated regulations.

That spring, before anyone had ever heard of Satoshi Nakamoto or Bitcoin, Mr. Szabo revived his bit gold idea on his personal blog, and in an online conversation about creating a live version of the virtual currency, he asked his readers: «Anybody want to help me code one up?»

Information about bitcoin was available only in English and the idea of developing a new business was born.

«GetHashing was born as an idea by a small group of crypto enthusiasts with a passion for Bitcoin, cryptocurrencies and the technologies to build a new and unique community - driven platform that's entirely cloud - based and built on top of the blockchain protocol.»

The notion of Open assets protocol or «Colored Coins» is associated with the idea that individual satoshis can be «colored» to represent a certain asset using the bitcoin blockchain.

For a good idea of how much Bitcoin you'll make in a day use this basic Bitcoin mining calculator.

He addressed the bank's approach to virtual currencies (VCs) like bitcoin and the prospect of a central bank digital currency (CBDC), an idea that has previously been floated in India.

The idea is that miners have enough financial dry powder that they can stomach any drops in the block subsidy as the market tries to determine the new price of bitcoin with supply cut in half.

The idea is out of the bag for sure, but bitcoin has not yet been tested or attacked by governments yet.

While the spotlight has shone on the dramatic highs and lows of the various cryptocurrency markets like bitcoin, the existing big banks have been making great strides with their ideas for the underlying blockchain technology.

Meanwhile, a Quora user named Adam Cohen (a developer with SeatGeek) ripped into the idea of Bitcoin recently on the Q & A service, calling it a «ludicrously bad idea» and an outright scam.

ADA calls itself the first third - generation cryptocurrency and aims to tackle scaling and infrastructure problems that first cropped up in bitcoin, a first - generation cryptocurrency that introduced the idea of digital coins, and ethereum, a second - generation cryptocurrency that expanded use cases for coins to smart contracts.

However, every once in a while, someone who has some clout or that has an idea, that a good portion of the Bitcoin community agrees would be beneficial, comes a long and there is enough support that the changes are seriously considered.

In terms of the future of the crypto space, Silver calls himself «a believer in blockchain technology» and mentions the Winklevoss twins and their idea that Bitcoin could replace gold as an asset class.