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  1. Recently, I ran across this very interesting distribution table on Quora that made me reminisce about the old days of Occupy Wall Street. We are the 99%, right? Maybe in more ways than one, as the table would go on to show. It makes it all seem very clear to me that the more things change, the more they stay the same. Rumor has it that Bitcoin’s original creator, the legendary Satoshi Nakamoto himself, collected the first one million Bitcoins for himself. This would leave a mere 20 million available to the rest of us. And current Bitcoin moguls The Winklevoss Twins have said that they own about 1% of all the bitcoins in existence, as of 2013. That may give you a window into how the bitcoin wealth tends to get distributed.
    Schlagwörter: , von kaffeeringe (24.05.2015)
  2. Bitcoin “miners” are electromagnetic alchemists, effectively turning megawatt-hours of electricity into the world’s fastest-growing currency. Their intensive computational activity cryptographically secures the virtual currency, approves transactions, and, in the process, creates new bitcoins for the miners, as payment.
    Schlagwörter: , von kaffeeringe (02.10.2017)
  3. Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst.
    Schlagwörter: , von kaffeeringe (23.11.2017)
  4. The BBC contacted ten businesses in London that once advertised accepting Bitcoin. Four no longer accepted it, and two that did said they hardly ever received payments in Bitcoin. The same is even true online. The Wall Street Journal, citing a report by Morgan Stanley, recently reported that Bitcoin is now accepted by just three of the top 500 global online merchants, down from five last year.
    Schlagwörter: , von kaffeeringe (12.12.2017)
  5. The recent hack of the DAO (short for Decentralized Autonomous Organization) and the subsequent reversal of funds on Ethereum's blockchain should finally put an end to a decentralization charade. People are, in fact, governing public blockchains, and we need to be able to trust them.
    Schlagwörter: von kaffeeringe (12.12.2017)
  6. On Nov. 12, someone moved almost 25,000 bitcoins, worth about $159 million at the time, to an online exchange. The news soon rippled through online forums, with bitcoin traders arguing about whether it meant the owner was about to sell the digital currency.
    Schlagwörter: von kaffeeringe (12.12.2017)
  7. Die Entwickler der Chat-App Telegram haben große Pläne: Sie wollen eine Kryptowährung entwickeln – und mit der Blockchain ein neues, dezentrales Internet aufbauen.
    Schlagwörter: , , , von kaffeeringe (21.01.2018)
  8. “Cryptocurrency can’t crash soon enough,” one gamer fumes.
    Schlagwörter: , , von kaffeeringe (21.01.2018)
  9. The true believers won’t stop until they’ve remade the world. Some of it will be thrilling. Some of it will keep us up at night.
    Schlagwörter: , von kaffeeringe (12.03.2018)


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