Brock Pierce Unveils Realcoin to Fix Bitcoin’s Volatility Concerns
Santa Monica startup claims to have produced the very first dollar-backed crypto currency. If the company succeeds, the new currency has great chances of exploiting the direct payments network and inexpensiveness of Bitcoin while evading its tremendous volatility. Realcoin is a new startup based in Santa Monica whose aim is to develop a virtual currency that can easily be used by average people in real life. The currency won't be trying to replace currencies already existent on the market, yet it does want to offer an auxiliary coin for real cash. Realcoin is preparing the launch of this....
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Welcome to the CryptoCoinsNews weekly altcoin news update, where we examine important altcoin stories that have gone under-the-radar. This week's article examines Brock Pierce's resignation from the Mastercoin Foundation and a huge Bitcoin bounty offered by a Nxt user whose coins were hacked. Brock Pierce Resigns from Mastercoin Foundation. Controversial Bitcoin Foundation board member and Realcoin founder Brock Pierce has resigned from his position as Mastercoin Foundation board member. Pierce was one of Mastercoin's first investors and has been very involved in the project's development.....
Blockchain Capital Managing Partner Brock Pierce said in a recent interview that although there are legitimate concerns with the current state of Bitcoin mining, the blockchain-focused venture capitalist indicated China’s stranglehold on the mining process will not last forever. Pierce was interviewed on the most recent episode of This Week in Startups, where he was asked about the issue of bitcoin mining centralization. The source of the question appeared to be Mike Hearn’s farewell Medium post in which the former Bitcoin developer claimed the Bitcoin payment network is “controlled by....
While many people take the view that Bitcoin is dying or failing due to its current issues with governance and scalability, Blockchain Capital founder and managing partner Brock Pierce believes this current controversy is a good sign. In his view, the fact that there are so many transactions on the network should be seen in a positive light because it’s a sign of the technology’s success. In a recent interview with Epicenter Bitcoin, Pierce explained his point of view on the Bitcoin block size debate and how it is currently causing uncertainty in the market. The key point that Pierce, who....
Something is rotten in the state of El Salvador. The first nation to declare BTC as legal tender received no other than the infamous Brock Pierce. An “Official Delegation of Bitcoin Ambassadors” reportedly met with President Bukele and other government officials. However, is there such thing as an “official delegation” of a decentralized protocol? No, […]
Brock Pierce is a well known member in the Bitcoin community. Pierce is a venture capitalist and serial entrepreneur that has been involved with online technology and software since the 90’s. Pierce has been involved with Bitcoin since the beginning, taking on many roles in various organizations throughout the industry. Most notably, Pierce is the....