Price Index: The Future Of Bitcoin Lies In The Hands Of Developers

Price Index: The Future Of Bitcoin Lies In The Hands Of Developers

What started out as just Shaun Gilchrist’s hobby is developing to become the world’s first and premier price index for Bitcoin, BitcoinAverage. Basic physics describes how a simple innocent bathtub immersion inspired an innovation that has affected mankind. Archimedes did not set out to discover the principle of floatation, but ships are built today based on the principles he discovered. “There was no funding involved, it was created initially as a hobby. I wanted to provide it to the community to do my part for bitcoinCT r: 8,” said Shaun Gilchrist, founder and CEO of BitcoinAverage,....


Related News

Winklevoss Bitcoin Index, The WinkDex, Opens up API to Developers

The Winklevoss Twins, Cameron and Tyler, are hoping to make a splash with their newly-launched Bitcoin Price Index, aptly named the WinkDex. According to a Fortune exclusive, the twins - beginning today - will be opening up their Index's API (application programming interface) to developers, which will allow said developers to build atop the Index with their own programs. "We've spent a lot of time trying to build a really cool tool," said Cameron Winklevoss to Fortune. "Obviously the index will be big for us because it will be used to price any future ETF. But we also wanted to build on....

WinkDex Bitcoin Price Index Launches Developer API

The article has been updated with comment from Cameron Winklevoss. WinkDex, the bitcoin price index created by bitcoin investors and entrepreneurs Cameron and Tyler Winklevoss, has launched a new API for developers. As first reported by Fortune, the WinkDex API was made available today. The API page on the index's website outlines key information, as well as suggestions for application development. Cameron Winklevoss told Fortune that the benefit of the API release would help both the index itself, as well as the broader bitcoin community, saying: "We've spent a lot of time trying to build....

Raise a PINT to Polkadot’s new index token: Six top projects sign up

Six of Polkadot’s top projects have already put their hands up to feature in the Polkadot Index Network Token and sit on its Constituent Council. The source code for the upcoming Polkadot Index Network Token, or PINT, has been made public, with half a dozen projects putting their hand up to be included in the index.The project has outlined a four-phase roadmap that it expects to culminate in mainnet launch within three months.According to an April 14 announcement, six of Polkadot’s leading projects have already given “soft commitments” for inclusion in the index, including Acala Network,....

Pundit Reveals Where Bitcoin’s True Strength Lies – Here’s What It Is

Bitcoin’s greatness isn’t measured only by its price or market cycles, and its true strength lies deeper. As one crypto pundit explains, it lies in the alignment of incentives that keeps the network secure and the loyalty of holders who refuse to sell in the face of volatility. This combination of economic design and cultural […]

Micro:bit Computer – A Valuable Tool For Future Bitcoin Developers

After several delays, the BBC has started sending out free Micro:bit computers to students all over the United Kingdom. A total of one million of these tiny devices will be making their way to various schools, in the hopes of getting teachers and students more excited about the IT sector in general. Such a hands-on experience at a young age could benefit future Bitcoin development as well, even though these boards are just a stepping stone to potentially achieve greatness. Learning To Code With The BBC Micro:bit. Getting children excited about the concept of creating their own applications....