Coinffeine: A P2P Alternative to Centralised Bitcoin Exchanges
Coinffeine is a distributed, zero-trust Bitcoin exchange platform. After the Mt. Gox meltdown, people have become a lot warier of centralised exchanges. Gox, Bitstamp, BTC-E, and other popular exchanges see thousands of Bitcoins traded daily, yet they have nothing like FDIC insurance to really back them up in the event of insolvency. Instead, users are forced to trust these services' accountability and security. Furthermore, such centralised exchanges are huge targets for hackers and scammers, since successful heists can net hundreds of thousands of dollars worth Bitcoins, Litecoins, and....
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Spanish bank Bankinter, through its venture capital arm, invested in Coinffeine, a Spanish startup that develops Bitcoin technology. With this investment of its Innovation Foundation, Bankinter becomes one of the first world's banks to invest in the new cryptocurrency. Also read: Coinffeine: A P2P Alternative to Centralised Bitcoin Exchanges. The Coinffeine team says about the announcement of Bankinter funding: The launch of our platform is imminent, and this will motivate us even more to continue our passionate work to develop new aspects of our pioneer project. Coinffeine has been....
Coinffeine CEO Alberto Gómez presents the demo product in Madrid. Spanish cryptocurrency startup Coinffeine has demonstrated a trial version of its upcoming peer-to-peer (p2p) bitcoin exchange platform. The distributed and open-source exchange will allow users to buy and sell bitcoins anonymously without having to depend on a centralised entity. Coinffeine describes the protocol as "pioneering" and says it will allow banks and other financial institutions to offer cryptocurrency services with "all legal guarantees". The application has been "more than a year in the making" the firm says,....
Spanish Bitcoin company Coinffeine made Bitcoin history when the Spanish startup received investment from the Spanish bank Bankinter through the bank's venture capital arm, making it one of the world's first banks to invest in the novel cryptocurrency ecosystem. Since then, Coinffeine has continued its development work. In December 2014, it unveiled its future P2P Bitcoin Exchange. Coinffeine has now launched the Technical Preview version of its P2P Bitcoin exchange, which will enable users to experience automatic and secure exchanges similar to that offered by traditional exchanges, but....
The Spanish Bitcoin startup Coinffeine has launched a technical preview of its peer-to-peer (P2P) Bitcoin exchange. For the first time in a P2P exchange, users can experience an automatic and secure exchange similar to that offered by traditional exchanges, but with all the advantages of the P2P. This version is intended to enable independent users and banks to try the application at an early stage, integrate it into their services and operate as Bitcoin exchanges. Anyone interested can download the application and, once it is installed, can begin to buy and sell bitcoin with other....
World-first decentralized exchange Coinffeine has announced its launch in over 70 countries in the largest international expansion program ever undertaken by a Bitcoin startup. The exchange, announced in November 2014 and running in Beta for the past two months, will now offer international usage options via third-party payment processors with limited liquidity. Markets include SEPA countries, Russia, China, and Indonesia. Speaking in a press release regarding the launch, CEO Alberto Gómez Toribio said he was confident the technology had arrived to provide users with a serious alternative....