Newsletter #56
20 - 26 December 2014
Merry Christmas folks. Hope you are having a good time enjoying the holidays with your family!
Bobby
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BITCOIN PRICE (BITSTAMP)
Latest News
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Canadian Startup BitGold Closes $3.5 Million Funding Round
Canadian digital currency startup BitGold has successfully closed a $3.5m Series A funding round. Participants in the round included PowerOne Capital, Soros Brothers Investments, Sandstorm Gold and PortVesta Holdings.
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GoCoin Gains Strategic Investment from GAW Miners for Software Development Push
Digital currency payments processor GoCoin has received a new strategic investment from US-based mining company GAW Miners. GoCoin declined to disclose the amount, but called the investment “meaningful”.
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Market
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The Second Wave of Blockchain Innovation
Swarm published an article giving an overview of crypto 2.0 and gave a good overview of the various incentive structures surrounding blockchain technology and open source software.
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A simple model to make sense of the proliferation of distributed ledger, smart contract and cryptocurrency projects
Richard Gendal Brown attempts to understand all the new projects in the cryptocurrency/blockchain space by making a mental model to explain how all these projects relate to each other.
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Bitcoin Crowdfunding is Catching on in China
Bitcoin crowdfunding in China is taking off despite its uncertainties, thanks to a risk-taking culture and innovative ownership models.
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OpalCoin Developer: Hacker Used Fake-Wallet Attack to Steal 17% of Supply
The community supporting OpalCoin, an anonymous cryptocurrency offering decentralized storage, was recently under siege of a fake-wallet attack. A hacker stole almost 17% of the coin supply, most of which has been recovered.
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Ecosystem
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Litecoin Creator Charlie Lee Claims Litecoin Does Not Need Development
Litecoin Creator Charlie Lee isn’t one to often be outspoken, yet sometimes he tells the truth how he sees it. Charlie, in a Twitter argument claims that Litecoin does not need development and says that gimmicks does not help a currency succeed; only liquidity, merchants and users help.
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Stellar's Joyce Kim Talks the Launch, the Fork and the Future
Stellar's Joyce Kim talks about the launch of Stellar, the distribution of STR using Facebook authentication and how people used Amazon's Mechanical Turk. She also talked about the Fork and the future of Stellar.
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Blockchain Applications
A list of some non-BTC blockchain applications and a short description of it.
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Announcing Reddit Notes
Reddit made an announcement that they plan to distribute their own cryptocurrency, Reddit Notes in a random lottery. There are approximately 950,000 reddit notes to divide among active user accounts that are active before 9/30/14. Giveaway will begin in the fall of 2015.
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Introducing Slur
Slur is an open source, decentralized and anonymous marketplace for the selling of secret information in exchange for bitcoin. Slur is written in C and operates over the Tor network with bitcoin transactions through libbitcoin. Both buyers and sellers are fully anonymous and there are no restrictions on the data that is auctioned.
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Learn
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Setting the record straight on Proof-of-Publication
This is a good article which aims to give a clear definition of proof-of-publication and its weaker predecessor timestamping, describe some usecases for it, and finally dispel some of the common myths associated with it.
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Bitcoin and the Double-Spending Problem
An article discussing the problem of double-spending and how Bitcoin mitigated this risk.
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