Altcoins - Friends or Foes to the Bitcoin?
If you know about bitcoin, then you should be know about altcoins as well. Altcoin is a broad term "coined" to classify cryptocurrencies other than bitcoin. Many bitcoin enthusiasts find altcoins to be a cheap copy of bitcoin. According to them, altcoins do not make the cut and they are a waste of time and resources. As bitcoin technology is open source, its source code is out there and anyone and everyone can use it to develop their own version of cryptocurrency. It is a crowded market we agree, and some of these altcoins don't make any sense. However, we ought to remember that altcoins....
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Altcoins have a long tradition in the Bitcoin community, but they tend to cause a contentious divide among those who think they’re useful and those who think they’re all scams. One side of the argument, articulated by the Satoshi Nakamoto Institute’s Daniel Krawisz, is that altcoins have no chance of success and distract possible users from Bitcoin, while the other side, articulated by many Ethereum supporters, believe platforms such as Bitcoin and Ethereum can work together. Johnny Dilley, who runs strategy at Blockstream, was recently asked for his thoughts on altcoins during an....
Are you looking for a way to buy and sell Bitcoin? Many in the Bitcoin community have their routine of where they go to trade Bitcoin. Whether that is through an exchange, local sources, or selling goods and services, we want each source to be trusted. What if there was a place you could go that would search your friends and see who wants to buy or sell Bitcoin? A new platform called CoinTouch does just that. CoinTouch is a service that connects with your Facebook friends list and searches for active Bitcoiners within your own trusted group of acquaintances. Created by Chris Beach,....