Digital49ers
 
vires in numeris
Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
Keep Calm and Slave On
European Banks Select IBM Blockchain for Small Business Trade Finance
26 Jun 2017 22:08 IBM has been chosen by Digital Trade Chain, a consortium of major European banks, to build a new blockchain platform for SMEs.

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Crypto Correction: Bitcoin and Ether Dive as Market Sheds $13 Billion
26 Jun 2017 20:48 Cryptocurrencies suffered widespread losses today, as traders took profits and rebalanced their portfolios.

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Blockchain Research Lab to Combat Financial Fraud in Shenzhen
26 Jun 2017 20:25 A group of universities in China are teaming up to research blockchain technology and its potential impact on financial fraud.

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GDAX Exchange to Reimburse Traders After Ether Flash Crash
26 Jun 2017 17:25 Digital asset exchange GDAX is moving to issue refunds after a stunning flash crash last week stoked anger amongst affected traders.

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Proof-of-Life: Vitalik Buterin Uses Ethereum to Disprove Death Hoax
26 Jun 2017 16:25 Ethereum creator Vitalik Buterin was at the center of a debunked story suggesting that he had died this weekend.

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Power of the Crowd Series: Number Four
15 May 2017 13:29 It has been a while since we shared our initial thinking around the challenges facing the internet and we have had some excellent reaction to the discussion so far. We very much appreciate the feedback and it is pleasing to see this is a timely discussion. Everyone from Sir Tim Berners-Lee, Wired and the Economist […]

SAFE Network Development Summary – May 2017
04 May 2017 15:35 We’ve had quite few requests on social media and on email these past few days requesting updates on development progress. These messages serve to remind us that not everyone has the time or the inclination to read the weekly development updates which we post each Thursday onto the forum. So many projects, so little time! […]

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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto