Archive for June 2018

Weekly Recap (6/18/18 – 6/24/18)

Japan’s Business Improvement Orders Japan’s Financial Services Agency (FSA) is grabbing the bull by the horns, and enforcing new security procedures on six of the country’s major cryptocurrency exchanges. The list of exchanges that FSA is asking to comply are: QUOINE, Bitbank, BTCBOX, BITPoint, Japan Tech Bureau and Bitflyer. This increase in security measures follows the…

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Weekly Recap (6/11/18 – 6/17/18)

Bitcoin and Ether: Security or Commodity The U.S. Securities Exchange Commission (SEC) has announced their official position in regards to cryptocurrency and its status as a security. Commission Director of Corporate Finance William Hinman addressed the subject on June 14th at the All Market Summit: Crypto in San Francisco. Hinman stated that the commission would…

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Project Spotlight – Alqo

Project Overview Alqo is an open source, fully autonomous cryptocurrency with a focus in developing a community driven system that surpasses the general concepts displayed in today’s cryptocurrency market. The Alqo project strives to deliver a complete payment system that embodies the development of the more advanced forerunners (e.g. Bitcoin, Dash etc.), and further resolves…

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Bitcoin Forks, Visualizing the Idea of Consensus

Non-consensus Fork consensus rules on the network are not changed post-fork. 1) Software Fork  A software fork is essentially creating a variation (i.e. fork) in software, as commonly seen in projects on Github. A software fork usually takes place when different developers decide to pursue different goals with the project. A good example would be…

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Project Spotlight – Jibrel Network

Overview The Jibrel network is an intermediary service on the Ethereum blockchain that facilitates the tokenization, listing and trading of traditional assets. In addition, Jibrel aims to offer instant, near-zero fee global payments and remittances in the form of fiat-fiat transactions through various payment channels. Four core offerings of the Jibrel network: Crypto Depository Receipts…

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