TechCrunch, 1/1/0001 12:00 AM PST
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CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin Press Releases: MARCH 10, 2016 – MaskNetwork is thrilled to introduce decentralized margin markets, a new feature of their platform. MaskNetwork is the world’s first decentralized social trading network, and the rollout of decentralized margin markets makes it possible for anyone to trade virtually anything without restriction. While a broker is needed to trade stocks […] The post MaskNetwork Introduces Decentralized Margin Markets appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price reversed to the downside after a failed attempt on the resistance ceiling. As it turns out there are negative elements among the Core developers – further biasing price to the downside.. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive […] The post Bitcoin Price Analysis: Core Also Negative appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Business Insider, 1/1/0001 12:00 AM PST Wall Street is obsessed with Blockchain. Goldman Sachs says the technology "has the potential to redefine transactions" and can change "everything." JPMorgan last month announced it was launching a trial project with the blockchain startup led by its former executive, Blythe Masters. Her company, Digital Asset Holdings, has secured funding from Goldman, Citi, ICAP, and a handful of other financial firms. Exciting, right? One problem: hardly anyone seems to understand what Blockchain is. Barclays' Kenneth Hill took a stab at it in a note on Friday, and it's one of the best explanations we've seen yet. "A blockchain is simply a specific type of database (or ledger) that stores transactions," Hill wrote. But there are a number of features that differentiate it from typical ledgers. (1) "Transactions are stored in a string of digital blocks, with each block referencing the prior one." (2) "A block of transactions is only added to the chain if it is verified by cryptographic techniques using significant computing power. Crucially, the nature of the verification process is such that the validity of any block can be verified easily and quickly, effectively eliminating the possibility of fraudulent transactions and making it virtually impossible to retroactively alter any single block of the chain." (3) "The database is distributed, i.e. all users are notified immediately of new additions to the blockchain. The distributed nature of the blockchain allows for all users to have a verified and secure version of the blockchain at all times." Here's a helpful diagram from Hill: Blockchain is considered to be a game changer for a number of reasons, Hill explained. For one thing, it would accelerate the settlement of transactions, and thereby improve the capital effiency of making a transaction. It's also more transparent, because any user has immediate access to all transactions on a blockchain. It's "cryptographically" secure, Hill wrote, making it "incredibly difficult" to alter a block or add a fradulent one to a chain. And it's more efficent because it eliminates the need for intermediaries. SEE ALSO: There is a 'game changer' technology on Wall Street and people keep confusing it with bitcoin Join the conversation about this story » NOW WATCH: 6 Word Puzzles That Only Finance Geeks Will Understand |
CryptoCoins News, 1/1/0001 12:00 AM PST Two thousand fifteen was the year fintech – including blockchain technology – entered the “mainstream,” signified by a groundswell of venture capital (VC) investment. More than $13.8 billion in venture capital (VC) was invested in a variety of fintech companies globally, more than twice the amount invested in 2014, according to “The Pulse of Fintech […] The post VC Fintech Funding Sets Record In 2015, Fueling Bitcoin And Blockchain Growth appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |