BitsharesX: I join the grand experiment (Part 1 of 2)
A look at my hands on experience learning to use the BitsharesX platform. Now that BitsharesX seems to have settled into it’s new equilibrium at around 7,600 Satoshi per unit it seemed like a good chance for me to dive in and see what the BitsharesX platform is like and exactly how this whole “BitAssets” concept works in practice (while also researching how it’s supposed to work on paper). Which brings me to my first point about BitSharesX, in that no one has ever done this sort of thing before. In truth it’s a wonderfully grand experiment. An enticing, amazingly audacious experiment but....
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Last week I took a look at the new BitsharesX platform and tried to make sense of their BitAsset system. Since then I’ve gone through 5 versions of the application, hurdled a number of bugs, and generally spent a lot of time staring at my screen trying to get a grasp on exactly what was happening. Despite all this I still managed to make money. While the application and the whole BitsharesX paradigm are still very much in their early, experimental stages I can still see how the system was at least meant to work. Thus far it seems to be performing admirably with BitUSD more or less tracking....
Welcome to the CCN Weekly altcoin news update, where we profile altcoin news stories that have flown under-the-radar. This week's issue profiles the incredible rise of the BitSharesX price, XCurrency's new plan to decentralize the internet, and the end of the initial phase of the Storj crowdsale. BitSharesX Price Soars. Vaults to #3 in Market Cap. The BitSharesX price has gone on an absolute tear over the past week. After hovering between 1,500 and 2,000 satoshis (~$.01 USD) since its release on July 21, the BitSharesX price has increased by 151.6% over the past week. The BitSharesX price....
Officially jumping into the coveted 3rd slot and declaring itself “King of 2.0″. BitSharesX (BTSX) with 106,424 BTC (53,755,292 USD) has used the most recent alt-coin push to propel itself past some serious competition. Signalling to the market that there is plenty of room for fresh innovation at the top. A series of Distributed Autonomous Companies, BitsharesX is the logical economic culmination of open source. If open source development allowed a small upstart from Helsinki to take on IBM, what will an open source business model do for our economy?
The most innovative idea to fight the greatest healthcare challenges is built around Bitcoin. BitSoko is one of the 52 projects that received Phase 1 grants as part of the Grand Challenges Explorations program. The Grand Challenges Explorations program is part of the Grand Challenges in Global Health initiative started in 2003 which is a family of grant programs directed at developing tools to help overcome various issues plaguing the healthcare domain in the developing world. The Grand Challenges Explorations is a $100 million grant program started in 2009 by Bill and Melinda Gates....
The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital currency (CBDC). According to a statement from BOF, the latest experiment is part of the banks’ joint effort to create conditions that are “conducive to a better inclusion of the Tunisian diaspora in Europe.” Platform Targets Tunisian Diaspora In his comments following the experiment, Mohamed Sadraoui, a director-general at CBT, suggested that the CBDC platform’s success will likely “reinforce....