After Bitcoin, Ethereum is growing rapidly as another cryptocurrency. HubSpot defines Ethereum as “a blockchain-based software platform that hosts a decentralized app store and payment system on its network”. This platform allows its users to conduct safe and reliable transactions – free from censorship. HubSpot’s Clifford Chi has shared a comprehensive article on Ethereum. Chi says, “Launched in 2015, Ethereum uses blockchain technology to replace centralized computing systems that store people’s data. Common examples of these centralized computing systems... [...]
Archive for the 'Bitcoins News' Category
Jared Hetch says, “In 2015 bitcoin finally made its mark: More than 100,000 businesses, including industry giants like Microsoft, Overstock.com and Dell, accepted it. But, what exactly is this mysterious “cryptocurrency” everyone has been talking about for years? And, is it time your small business accepted it, too? Here’s what you need to know about what bitcoin is, its advantages and potential drawbacks. What is bitcoin? Bitcoin is a cryptocurrency or an entirely digital form of money, invented in 2009. While that might not sound interesting, what sets bitcoin apart is... [...]
Earl Smith and Ken Reno have teamed up to create training so you can get the most out of these so called crypto currencies. For 3 days only, they have put their new CryptoExcavator training on a low-cost dime sale. In it, they explain how these crypto currencies work, and how you can mine value from them. Paypal isn’t accepting Bitcoins yet, but some merchants are. This 5-part video training that goes into many ways to make money with these unregulated currencies. You don’t even have to own any of them to make money with them. Get the whole story here: CryptoExcavator. [...]
The latest post on ‘ReadWrite’ is titled “Bitcoin Needs Better Oversight, But No One Agrees On The Details”. Lauren Orsini says, “The implosion of Mt. Gox, the world’s largest Bitcoin exchange, has many cryptocurrency believers and government entities alike agreeing on one thing: The Bitcoin economy needs some kind of regulation to prevent fraud and rebuild trust with users. That’s the easy part. Exactly what kind of regulation? That’s the hard part. Don’t expect an answer soon. Bitcoin’s inventor (or inventors), known only by the pseudonym Satoshi... [...]
The latest post on ‘Mashable’ is titled “eBay Takes Its First Steps Toward Virtual Currency”. Jason Abbruzzese says, “One small step for Bitcoin, one medium-sized leap for eBay.Starting on Feb. 10, the UK section of the online marketplace will open a “virtual currency” category within its classified ads for the listing of Bitcoin, as well as its various offshoots —Coinyes, dogecoins and others that have emerged.Customers will be able to put up listings for virtual cturrencies and conceivably offer them as forms of payment in outside transactions. Purchases through... [...]
The latest post on ‘ReadWrite’ is titled “What Happens To Lost Bitcoins?”. Lauren Orsini says, “James Howells of Wales is one of the Bitcoin community’s most tragic figures. Last June, Howells inadvertently tossed a hard drive containing 7,500 bitcoins, which he had mined back when they were worth very little. Now that a bitcoin is worth somewhere around $1000, that drive has an estimated worth of $7.5 million. But unfortunately for Howells, an IT worker, city workers say it’s too late for him to recover the drive from the dump. The sum at stake in Howells’ case brought... [...]