This week’s round-up features a colorful selection of bitcoin stories but we’ll start with the possible explanation for recent market dips. Most cryptocurrencies dropped in price over the period, following developments with depressing effect on traders. In Japan, Mt. Gox’s bitcoins stored in court ordered wallets have moved again, while in South Korea, the largest […]
The post This Week in Bitcoin: Ghost Scares Markets, Facebook Mulls Coin appeared first on Bitcoin News.
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In today’s Bitcoin in Brief we are covering a number of stories related to China. According to statements by Chinese officials, the People’s Republic is developing a national standard for blockchain technologies, which should be introduced next year. Also, the Zcash Foundation is taking steps to protect the network of the privacy coin from ASIC-based […]
The post Bitcoin in Brief Friday: China Mulls Blockchain Standard, Zcash Fights Chinese ASICs appeared first on Bitcoin News.
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With the private sector taking the lead in research, development and adoption of the blockchain, the government must consider leadership opportunities within the community and partner with stakeholders to bring solutions to market. This is according to Douglas Maughan, a division head at the US Department of Homeland Security who testified before the House Science and Technology Committee yesterday. He further warned against the ongoing arms race between the various blockchain solutions providers, citing it as one of the reasons the technology hasn’t been taken up by the government and other industries. Blockchain Offers Much Promise Maughan, who is the Division Director of the Science
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