A New Bitcoin Competitor Aims to Be Faster and Safer

A New Bitcoin Competitor Aims to Be Faster and Safer

David Mazières, a Stanford professor is claiming to have designed a faster and more secure digital currency payment system. The Stanford professor thinks he has designed a faster, more flexible, and more secure alternative to Bitcoin. He released the design for his system in a white paper last Wednesday. Bitcoin transactions rely on software run on thousands of computers linked up over the Internet. That distributed network uses a set of rules and cryptographic principles to reliably verify transactions even though no one person or organization is in control. The new cryptocurrency....


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PRESS RELEASE. LTNM – another cryptocurrency that takes us to the next level! LTNM is an insured, asset-backed currency based on the Bitcoin blockchain. Monsoon Blockchain Corporation developed it on behalf of the LTNM Foundation. LTNM is a greener, faster and safer version of great Satoshi Nakamoto’s work. Now you can trade it on FMFW.io exchange! Due to the essential aspect of Bitcoin’s high energy consumption, LTNM uses the proof-of-stake (PoS) algorithm to increase the network’s TPS speed and, above all, reduce the energy loss. LTNM uses MPoS....

Top 5 Energy-Efficient Cryptocurrencies to Invest In

Bitcoin has been scrutinized for its heavy energy consumption all around the world, with China and few companies taking drastic measures. As most of the Bitcoin mining takes place with the help of coal power plants, the carbon footprint it leaves behind is massive. Luckily there are several energy-efficient cryptocurrencies that can be invested in as an alternative for Bitcoin. Also, these cryptocurrencies are on the rise and make up for a great early investment opportunity. Here is a list of the top five energy-efficient cryptocurrencies. Bitcoin Latinum Bitcoin Latinum is one of the most....

MIT Calls Out 'Critical Flaws' in New York's BitLicense

MIT Digital Currency Initiative director Brian Forde has issued a new blog post in which he aims to draw attention to four "critical flaws" in the approach so far taken by the state of New York to regulate the digital currency industry. Coming one month after his appointment to the position, the piece finds Forde seeking to voice the leading US university's interest in bitcoin and the blockchain as technologies that could contribute to the global good. The DCI was announced in April following a year of additional grassroots efforts on campus. Perhaps most notably, Forde contended that the....

Simplex Brings Total Funding to $8.4 Million with Latest Round

In May 2014, Israeli bitcoin payments company Simplex raised $1.4 million in seed funding. It’s been nearly two years since this seed raise, and the company has just announced the closing of a successful series A, which saw a host of participants fund a further $7 million, bring the total funding raised to $8.4 million. For those not familiar with the company, it aims to make it easier to buy and sell bitcoins through the issue of a bitcoin credit card. Traditionally, when a bitcoin buyer or seller wants to transfer bitcoins to or from an exchange, for example, he or she must go through a....