Bitcloud: We Will Decentralise and Revolutionise the Internet
One could hardly accuse Bitcloud's developers of lacking ambition. The small team wants to decentralise the Internet, and possibly even replace much of the Internet infrastructure we use today. It's quite a goal, and to make it all come together the founders will need quite a few backers, but the concept is rather interesting to say the least. Instead of using processing power to move around digital currencies, Bitcloud wants to use a very similar method to provide Internet services. Instead of mining cryptocoins, Bitcloud miners (if you can call them that) would allocate their hardware....
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Eighteen months and roughly $18m after it was first announced, Ethereum has launched. Arguably the most ambitious 'crypto 2.0' project to date, and the third-largest crowdfunded project of all time, Ethereum is aiming to create a new universe of programmable contracts, powered and secured by its own proof-of-work blockchain. Grand in scale and flexible by design, it aims to decentralise pretty much anything on the Internet. "What bitcoin does for payments, Ethereum does for anything that can be programmed," the site reads. This Monday, Stephan Tual, Ethereum's CCO, confirmed in a company....