Posts Tagged ‘Blockchain

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…

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Blockchain, along with other big names in the Bitcoin industry have just released a public letter in support the implementation of BIP101 and larger Bitcoin blocks. Other companies that have signed the document include BitPay, Circle, Kncminer, Bitnet, Xapo and Bitgo and other companies are encouraged to join. Below is the document quoted and you can also find a link to the contents and signatures of the presidents and CEOs of the companies that have signed it:

Our community stands at a crossroads. The debate about which path to take has, by and large, been a healthy one, and we have not interposed our own positions or interfered in the discourse. Until today, our involvement has consisted of listening, researching and testing. We believe that work is complete, and it is time to communicate our view in a clear and transparent manner.

After lengthy conversations with core developers, miners, our own technical teams, and other industry participants, we believe it is imperative that we plan for success by raising the maximum block size.

We support the implementation of BIP101. We have found Gavin’s arguments on both the need for larger blocks and the feasibility of their implementation – while safeguarding Bitcoin’s decentralization – to be convincing. BIP101 and 8MB blocks are already supported by a majority of the miners and we feel it is time for the industry to unite behind this proposal.

Our companies will be ready for larger blocks by December 2015 and we will run code that supports this.

As our community grows, it is essential – now more than ever that we seek strong consensus to ensure network reliability. We pledge to support BIP101 in our software and systems by December 2015, and we encourage others to join us.

Note that the companies that have signed the letter are pledging that they will be ready for larger blocks by December 2015. Some of the large Bitcoin mining pools have already implemented support for larger Bitcoin blocks, but there is still no consensus among all players in the Bitcoin ecosystem about the matter. We too believe that Bitcoin needs to start using larger blocks in the future in order to be able to scale up with the increased usage, but as to how this should be implement is a different story however.

To see the signed copy of the letter in support of bigger blocks and BIP101 in PDF format…

top-5-bitcoin-books-for-beginners

The guys at Genesis Mining have compiled an interesting list of the top 5 Bitcoin books for beginners, books that are designed to introduce you to Bitcoin and the technology behind it. So if you are just getting started with Bitcoin, or want to get up to speed faster in your learning of all things Bitcoin, then you might want to check out some of these titles.


Top 5 Bitcoin Books for Beginners:

1. Mastering Bitcoin: Unlocking Digital Cryptocurrencies, by Andreas Antonopoulos
2. The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order, by Paul Vigna and Michael J Casey
3. Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, by Nathaniel Popper
4. The Book Of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto, by Phil Champagne
5. Blockchain: Blueprint for a New Economy, by Melanie Swan

For more details about these books about Bitcoin and links to get them from Amazon…


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