Why Cryptosigma May Have Just Solved Two of Bitcoin’s Biggest Problems
In the wake of such public image setbacks as the Mt. Gox heist and the incessant security threats testing the Bitcoin space, more and more exchanges (Bitstamp, Huobi, etc.) are increasingly implementing multisignature security in their wallets. The addition promises greater protection of funds by removing centralized points of failure due to the traditional custodial account model. One of the companies at the forefront of this trend is Cryptosigma, a Singapore-based multisignature digital wallet provider. Cryptosigma has partnered with Venice-based Bitcoin API developer Gem, which recently....
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Bitcoin, Bitcoin’s Core developers, and Bitcoin’s underlying Blockchain technology have certainly done their job up to this point. Bitcoin has proven to live up to the hype in actual ability and overall value. This global technological experiment has worked out almost perfectly, except for one thing. Bitcoin still does not scale effectively, limited to only seven transactions per second, in theory, and less than half of that in real-life applications. Segregated Witness, or SegWit, doesn’t seem to be coming to save the day anytime soon. However according to its creators, there is a new....
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By holding balances in Bitcoin, not fiat currency, Nitrogen Sports solved many of the problems that plague online betting. Since its launch in 2012, few sportsbooks have managed to innovate quite like Nitrogen Sports. Moving in-step with the rising value in Bitcoin, Nitrogen saw a future when other sportsbooks and casinos didn’t. It’s quite rare to find a pure cryptocurrency sportsbook, but Nitrogen is just that. By holding balances in Bitcoin, not fiat currency, Nitrogen solved many of the problems that plague online betting. Gone are the days of long withdrawals and huge processing fees.....
Skype creator Jaan Tallinn has announced he will use the blockchain to create “co-ordination mechanisms” for world problems in a new enterprise. Skype Creator Sees Bigger Picture. Tallinn, whose pioneering P2P calling service was bought by Microsoft in 2011 for $8.5 billion, told UK newspaper the Telegraph he has already been working on the concept for a....
Binance founder and Chief Executive Changpeng Zhao says the crypto world has an inheritance problem that’s yet to be solved, and argues that DeFi will not see mass adoption until it comes up with a solution. Crypto inheritance is certainly a major headache for anyone who possesses significant digital assets, but it’s not the insurmountable […]