Cryptocurrency Made Simple – A Plain English Guide to Bitcoins

The pitch from bitshares.org: Bitshares.org is an organization of businesses, decentralized companies, and individuals with a common interest in finding free market solutions. At bitshares.org we are bringing together a community of next generation entrepreneurs, investors, and developers to build an economic revolution as significant as the Industrial Revolution and the Information Age. Bitshares is

The world of Bitcoin and Cryptocurrencies is moving at an incredible speed. The potential to create a new niche using the technology which later turns into the next Dropbox or Twitter is drawing in ever larger numbers of entrepreneurs and innovators. This makes assessing whats out there very difficult. If new companies pop up every

Coinapult The Company Coinapult was set up in 2012 by Bitcoin veteranIra Miller, currently the CTO. It aimsto solve one of the most difficult problems facing merchants whowant to accept bitcoins for standard transactions. If it does so (the beta was released at the end of July 2014) it stands a credible chance of

Can a quantum computer threaten the bitcoin network? From the outside it looks like many other supercomputers: a shiny black container with white light picking out its name. To George Rose, CTO and inventor of the D-Wave quantum computer, its far more than just another number cruncher. The D-Wave is the worlda first commercially available

Ecuadors Congress is in the last few hours of debate on a bill that would see its Central Bank set up a state owned and run cryptocurrency as their official currency. The bill will also make the operation and ownership of other cryptocurrencies, such as Bitcoin and Litecoin, illegal. Ecuador has used the US Dollar

Should a newly independent Scotland adopt cryptocurrency as its official coinage? An intriguing proposal from a credible source suggests the answer should be yes. Read more

The obvious answer to how Bitcoins originally gained their value is to say when others started to buy them. Although this was the mechanism, it wasnt the primary cause. Bitcoin vpgained value when it began to be traded for real world asset. The initial trade, famously now, was for a pizza. the order was sent

Ghash.io, Bitcoins largest mining pool, now controls over 51% of the hashing rate for bitcoin. This places Bitcoin within the theoretical risk zone for an execution of a 51% attack. Although there are no signs that Ghash intends to do so, some have already started to take measures independently to either safeguard their own cash,

Why are they such a big deal? Cryptocurrencies have succeeded in answering two of the fundamental problems with moving money online: How do I stop we stop someone spending the same money twice? How do we avoid middle men? If it gets established, well all benefit from a faster, more secure way to shop online.

Scott Maxwell BSc (Joint Hons) CEng MBCS MIoD Bespoke Consultancy | Keynote Speaker | Expert Media Commentary Contact Email: scott@mscottmaxwell.com Timeline Independent Board Level Consultant October 2013 Present Brightsolid Online Publishing | Managing Director February 2013 October 2013 Brightsolid Group | Director of Development and Engineering March 2012 February 2013 Brightsolid

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Cryptocurrency Made Simple - A Plain English Guide to Bitcoins