It’s a Race against Time for Bitcoin, Says Blockchain’s Peter Smith
Peter Smith, the CEO of Blockchain has written a post describing the events at Satoshi Roundtable and explaining the need for immediate solutions to scale bitcoin. Bitcoin is in trouble; it has become a well-known fact by now. Be it the recent post by Brian Armstrong, the CEO and founder of Coinbase where he explains his take on the happenings at the Satoshi Roundtable conference held late last month. Now the CEO of Blockchain, Peter Smith has also explained the stuff that went on at the event. Both the versions paint a grim picture of Bitcoin’s future. The supposedly decentralized....
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Roger Ver nicknamed Bitcoin Jesus, an early American investor in Bitcoin at Coyote WallStreet, and Peter Smith of Blockchain will be the keynote speakers at Pioneers Festival, Europe’s major conference for tomorrow’s ideas. The event brings together the smartest startups with corporations, media and investors eager to support the next big thing. The organizers of Pioneer Festival inform that more than 1,600 startups from 90+ countries applied to meet over 400 investors in the Hofburg Imperial Palace, Vienna. Roger Ver and Peter Smith will be addressing nearly 2,500 participants who have....
Virgin founder and entrepreneur Richard Branson has publicly voiced praise for wallet provider Blockchain. In a blog post Monday, Branson, who invested in the startup’s recent Series B funding round, also complimented co-founders Peter Smith and Nicolas Cary. “What we like is that the Blockchain team, run by co-founders Peter Smith and Nic Cary, have built a platform that will allow them to be the custodian of any digital assets should alternate use cases of Blockchain technology reach critical mass,” he wrote. Blockchain’s latest funding was a considerable success and marked the largest....
Bitcoin wallet and block explorer resource Blockchain has been revealed as a Government of Dubai partner in the latter’s goal toward switching all government documents and transactions over a blockchain by the year 2020. Speaking at the World Economic Forum this week in Davos, Switzerland, Blockchain CEO Peter Smith also revealed plans for expanding the company to gain a presence in the Middle East. As reported by regional English publication The National, Smith stated: I am very optimistic about the Middle East and we plan to invest big there. I’m really excited about it. It’s a great....
Prominent bitcoin wallet provider Blockchain.info saw downtime yesterday, following a “highly sophisticated attack” targeting its DNS servers. It was the first notable instance of a sweeping DNS attack leading to a phishing trap in the bitcoin space, where attackers sought to gain credentials from Blockchain.info users. Management at the wallet provider shut down the entire platform for over seven hours, to determine and plug the exploit. In a blog post published following the attack, CEO & Co-founder Peter Smith has stated that the compromise occurred due to a “highly sophisticated....
Banks have been odd towards Bitcoin from the get go. At first they all laughed at the currency and now it’s an entirely different story. Legacy banking institutions seem to be very interested in the protocol, and this can be seen throughout mainstream media publications. One Bitcoin company Blockchain.info says they have been approached by over 100 banks about Bitcoin and its underlying technology. Blockchain.info’s CEO, Peter Smith, had a lot to say to the media on a CNBC’s “Future of FinTech” broadcast explaining the many benefits Bitcoin can offer banks. The company believes it’s the....