Juan Benet: From Idea to Action

Juan Benet, a founder at Filecoin, is attacking Justin Sun for spreading completely false accusations about the movement of the FIL tokens soon after listing. In his long Twitter rebuff, Benet accuses Sun of spreading lies with the intention of harming the Filecoin project financially. Calling the accusations ridiculous, Benet says no one from the Filecoin team sold the FIL token on the day of listing. Soon after the FIL token went live on many exchanges, Sun unexpectedly tweeted alleging that Benet and others at Filecoin had exit scammed. This follows reports the Filecoin team had dumped....

“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter. Juan Benet, the creator of Blockchain-based data storage platform Filecoin, has called allegations that miners of its token have been on strike since Saturday “nonsense.”According to a report by 8btc.com, five of the largest Filecoin miners turned off their machines to protest the project’s “unfair” economic model, which currently requires a significant amount of FIL tokens to begin mining. Crypto Twitter user Nico Deva was one of the first to claim that “a majority of miners” were on....

After a rough start, Filecoin has managed to break into the top 10 leading cryptocurrencies by market capitalization. After overtaking Chainlink (LINK) and Theta Network (THETA), with a rally of 138% in one week and 418% in one month, FIL took over the tenth position. Founded by Juan Benet, creator of the InterPlanetary Files System […]

At the Inside Bitcoins Conference in NYC on April 7-8, I had the opportunity to spend some time with Juan Garavaglia of 112bit.com. He is the Authorized Bitmain Distributor for USA and Canada. Full disclosure: Juan brought me to the Conference so I could meet him and others in the Bitcoin community. I have spoken with Juan prior about Bitmain products and distribution through forums and emails. As I got to know him, I found he was a very astute businessman with a solid work ethic. My interview gave me the whole picture of who he is and also just how Bitcoin has allowed people to create....

OpenBazaar is integrating the InterPlanetary File System (IPFS) into their decentralized online marketplace. While no official announcement about this move has been made, OpenBazaar developer Chris Pacia, who is currently working on the IPFS integration, has shared some of the details related to this change with Bitcoin Magazine. According to Pacia, the main advantage of integrating IPFS into OpenBazaar will be the increased availability of storefronts. Currently, a store operator must maintain his or her own server at all times or pay someone else to do it. What Is IPFS? IPFS is a....