Posts Tagged ‘anonymity

The anonymous organization Unknown Fund has announced that it intends to invest and donate $75 million USD in Bitcoin (BTC) to startups which directly or indirectly support the idea of anonymity. Preference will be given to the following niches: protection of personal data, tools for anonymity, cryptocurrency and blockchain. The organizers of the fund are ordinary, anonymous people from different countries who met on the 4chan English-language imageboard.

The Unknown Fund sees the protection of personal data as one of the main challenges for modern man. The use of data has already become a powerful tool for manipulating people. The effectiveness of this tool is both amazing and frightening. The manipulation of people occurs not only in big politics, but also in our daily lives. A perfect example is the level of addiction that the general population has to social networks – addiction orchestrated and achieved by corporations.

The Unknown Fund also sees incredible opportunities to protect the rights and freedoms of people that technology such as blockchain and cryptocurrencies give us. This is a chance for humanity to create a new environment, a new and honest monetary system, and to make the world a better place.

To visit the official website of the Unknown Fund and read their full press release…


It seems that lately there are just very few new alternative coins worth mining and they are getting fewer and fewer. We are still seeing multiple coin launches every day, but the ones that look decent or even worth checking out are getting less and less. Large percentage for IPO or Pre-mine, no actual reason for a coin’s existence or a plan for development, quick POW phase and then POS resulting in mine and dump as soon a the coin hits an exchange. Not to mention that with many people renting their rigs and selling hashrate you can easily get a lot of hashrate to mine a new coin and then you just want to dump the mined coins with profit and then move to the next new launch. All this is driving away people from new coins, but it will hopefully result in the launch of more reasonable coins taking over… just like how the interest in “country coins” has declined. We need quality and not just quantity, we need innovation in order for things to move on. Now everyone is giving empty (mostly) promises about anonymity, but with Darkcoin not doing so well after the recent boom and new coins not being able to deliver on empty promises about anonymity, this is also getting old. So more and more miners prefer to start selling their hashrate with expected stable profit or to mine in multipools with some extra profit and direct payment directly in BTC to save themselves time and headaches. So what comes up next?