Bitcoin Miners and Developers Meet in California to "Improve Communications"
What was thought by some to be a secret meeting of Bitcoin miners and Bitcoin Core developers turned out to look more like a company retreat than anything else, according to those in attendance. Although there have been some public statements of disagreement between the mining and development communities in Bitcoin, representatives from the two groups....
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A new resolution submitted to the US House of Representatives calls for the development of "a national policy for technology" that would include digital currencies and blockchain technology. It invokes the idea of bitcoin without calling it by name – referring to "alternative non-fiat currencies" – and blockchain tech, which it says has the potential to "fundamentally change" how trust and security are established in online transactions. The non-binding resolution is sponsored by Rep Adam Kinzinger, a Republican from Indiana; and Representative Tony Cardenas,....
The communications arm of the intergovernmental military alliance North Atlantic Treaty Organization (NATO) is ending a submission period for an innovation contest in which it called on applicants to submit ideas for blockchain applications. Announced in late April, NATO's Communications and Information Agency (NCIA) is hosting the 2016 Innovation Challenge in a bid to develop "state-of-the-art technology solutions", according to the group. The deadline for submissions is today, with the winners expected to be notified by 20th May. Among the solutions NATO requested were....
Members of the bitcoin industry, including major miners and developers, are set to meet in California this month, sources say. Though details of the event are scarce, representatives from Blockstream, HaoBTC and F2Pool confirmed to CoinDesk they are planning to attend. In a recent interview with Bloomberg, Jihan Wu, the CEO of bitcoin hardware firm Bitmain (which also operates the AntPool mining pool), indicated that he would be attending the gathering. While the event's agenda is currently unknown, the Bloomberg interview suggested that the event will focus on the question of scaling, and....
It’s been referred to as a "revolutionary technology" by IBM, and a "once in a generation opportunity" by PricewaterhouseCoopers. But perhaps the most descriptive title came from The Economist when they dubbed blockchain "the trust machine". It is a breakthrough in computer science that holds the promise of reducing the cost of establishing and maintaining trust for both individuals and organizations. "Blockchain" is a relatively new term that refers to a specific type of computer database. The Oxford English Dictionary defines blockchain as "a....
Distributed ledger (aka blockchain) technology is crying out for standards. Mutual distributed ledgers (MDLs), my preferred term for the tech, hold immense promise, providing multi-organizational databases with a super audit trail, owned by no one and everyone. Hence, the term "immutable ledgers", "widely distributed" and "mutual". It's hardly surprising, then, that developers see a host of opportunities to transform business practices and offer new services, and businesses (although slightly less clear about the vision) see a host of opportunities to....