The Invisible Incentives Of Bitcoin

The Invisible Incentives Of Bitcoin

When examining why people acquire bitcoin, we find different incentives, more based on preservation of the network than “getting rich.”What incentives does Bitcoin offer? Money accumulation, or is there any greater purpose and incentive for miners securing the network? Mining is a most important process of the Bitcoin network, yet relatively few actually understand it.I recently had the pleasure of speaking with Marty Bent, the laid-back Philadelphian with a penchant for Bitcoin mining and founder of Tales From The Crypt podcast. We talked about my journey and how I came about writing my....

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US Exchange CoinMKT Launches API, Adds USD/Dogecoin Trading

Los Angeles-based digital currency exchange CoinMKT has launched an API to provide advanced access to its platform. The company offers trading between 10 different digital currencies and USD - and that now also includes dogecoin. Travis Skweres, the CEO of CoinMKT, told CoinDesk that the API is a step towards getting professional traders and hedge funds using the exchange. Explained Skweres: "There's a huge need for institutional trading. Our long-term strategy is companies and institutional traders." API. Skweres said that up to this point CoinMKT had been mostly a retail operation....