The Bitcoin Is Dead, Long Live Bitcoin

The Bitcoin is dead. Long live Bitcoin

  • One bitcoin, indicated as “1.0” in the system, is worth more than $4,000 USD right now.
  • Practically speaking, with Bitcoin’s present value it just doesn’t make sense to treat a whole coin as the basic denomination and break it down from there.
  • Estimates for how many Bitcoin addresses actually hold a whole coin illustrate what this means in practice: around 95 percent of all Bitcoin addresses contain less than one bitcoin.
  • Bitcoin’s present value makes “one bitcoin” useless as a base denomination, but over the years there’ve been several proposals for other denominations as Bitcoin’s value rose and transactions became more fractional.
  • Regardless, the current situation is clear: whole bitcoins aren’t for normal people, and so if Bitcoin is ever going to be a mass payment system, we should be talking about something more realistic.

What’s a whole coin good for?
Continue reading “The Bitcoin Is Dead, Long Live Bitcoin”

The National Bank of Canada Just Joined An Alliance to Develop Ethereum

The Bank of Canada Just Joined An Alliance to Develop Ethereum - Motherboard  #Ethereum

  • On Monday, the Enterprise Ethereum Alliance announced 86 new members that will work together to develop business applications on the Ethereum blockchain, including Toyota, Deloitte, Samsung SDS, and the National Bank of Canada.
  • But while bitcoin has become a haven for speculators trying to win big by trading coins, Ethereum’s promise is that its blockchain—the public ledger that records all transactions—is chiefly a platform for developing apps, powered by economic incentives.
  • Read More: The Bank of Canada Slipped the Konami Code Into a Bank Note Announcement

    The alliance, which was founded in February of this year, is a global foundation with more than 100 members which include financial institutions like JP Morgan, Credit Suisse, and Banco Santander.

  • The bank ran a pilot using an in-house digital currency to conduct interbank transactions on a blockchain in 2016, snubbing the existing bitcoin currency.
  • Ethereum still might not be as valuable as bitcoin (one coin is worth over $2,000 USD at the moment, while one denomination of Ethereum, called ether, is worth $163), but it could be a whole lot more useful for banks.

Why not bitcoin?
Continue reading “The National Bank of Canada Just Joined An Alliance to Develop Ethereum”

GameCredits Inc. Partners with Datcroft Games Ltd. to Deliver Revolutionary New Payment Solution for Gaming Industry Beginning with Fragoria Launch

  • Founded in 2004, Datcroft Games has become increasingly popular developing games such as MMORPG Fragoria, which has over 8 million registered accounts.
  • About GameCredits, Inc.: GameCredits delivers blockchain-based products to the gaming industry.
  • Multiply value of gamecredits cryptocurrency (GAME) due to demand pressure.
  • We’re testing out the payments solution with one of the most popular games, Fragoria, which features around 8 million players — and this is the first of many games GameCredits will integrate with.”

GameCredits Inc. , the LA-based IT and financial company with a mission to deliver blockchain based products to a mass market in the gaming industry, today announced its partnership with Datcroft Games …
Continue reading “GameCredits Inc. Partners with Datcroft Games Ltd. to Deliver Revolutionary New Payment Solution for Gaming Industry Beginning with Fragoria Launch”

GameCredits Inc. Partners with Datcroft Games Ltd. to Deliver Revolutionary New Payment Solution for Gaming Industry Beginning with Fragoria Launch

What Yahoo! sports says about GameCredits?

#Yahoo #bitcoin #onlinegames #investedintech

  • We’re testing out the payments solution with one of the most popular games, Fragoria, which features around 8 million players — and this is the first of many games GameCredits will integrate with.”
  • Founded in 2004, Datcroft Games has become increasingly popular developing games such as MMORPG Fragoria, which has over 8 million registered accounts.
  • The speed we’re showing in our game, even in the games we lost, I thought we were creating a lot of chances.
  • It was Game 4 of the 2001 World Series, the New York Yankees against the Arizona Diamondbacks.
  • The partnership will allow users to purchase games and earn money using GameCredits’ unique cryptocurrency payments solution, which integrates starting from popular Datcroft games including MMORPGs, TPS and social games.

GameCredits Inc. , the LA-based IT and financial company with a mission to deliver blockchain based products to a mass market in the gaming industry, today announced its partnership with Datcroft Games …
Continue reading “GameCredits Inc. Partners with Datcroft Games Ltd. to Deliver Revolutionary New Payment Solution for Gaming Industry Beginning with Fragoria Launch”

CryptoStyle News: Cryptocurrency among National Currency Options for an Independent Scotland

  • The post Cryptocurrency among National Currency Options for an Independent Scotland appeared first on CCN: Financial Bitcoin & Cryptocurrency News .
  • In the interest of not making the same mistake again, some Scots want to consider how a national currency would [
  • LocalBitcoins.com: Fastest and easiest way to buy and sell bitcoins in USD, Euro, GBP, CHF CAD$, RUR in 249 countries
  • Prior to the Brexit vote, an independence movement fizzled in Scotland.
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@Crypto_Style: “News: Cryptocurrency among National Currency Options for an Independent Scotland –
Prior to the Brexit vote, an…”


Prior to the Brexit vote, an independence movement fizzled in Scotland. In the wake of Brexit, some Scots are reconsidering independence. In considering what


CryptoStyle News: Cryptocurrency among National Currency Options for an Independent Scotland

CryptoStyle News: Cryptocurrency Among Independent Scotland’s Currency Options

News: Cryptocurrency Among Independent Scotland’s Currency Options -   
People in Scotland...

  • People in Scotland have started exploring different currency options following Brexit.
  • Leave a Reply Cancel reply
  • LocalBitcoins.com: Fastest and easiest way to buy and sell bitcoins in USD, Euro, GBP, CHF CAD$, RUR in 249 countries
  • While Scotland decided against leaving the United Kingdom in the past, the recent vote by Englanders to leave the European Union may soon have the UK witnessing renewed calls for the separation of
  • A password reset link will be sent to you by email.

Read the full article, click here.


@Crypto_Style: “News: Cryptocurrency Among Independent Scotland’s Currency Options –
People in Scotland…”


People in Scotland have started exploring different currency options following Brexit. There have been calls for the Scottish referendum in the past.  While


CryptoStyle News: Cryptocurrency Among Independent Scotland’s Currency Options