Why Coinbase didn't sign the industry letter (self.btc)submitted by Brian Armstrong - Bitcoin Exchange & Coinbase CEOCoinbase didn't sign this letter because I think the intention behind it is wrong.On the surface it is a communication about how exchanges would handle the hard fork, and a request to BU for replay attack protection.But my concern was that it was actually a thinly veiled attempt to keep the BTC moniker pegged to core software.I think a number of people who put their name on it didn't realize this.A couple thoughts: Certainly it makes sense to list forked assets separately on exchanges, especially during periods of uncertainty.But it doesn't make sense to say BTC can only be modified by one development team.If there is overwhelming support from miners and users around any new version of the software (regardless of who wrote it), then I think that will be called Bitcoin (or BTC).The replay attacks are a real concern.We spent some time talking with Peter Rizun from BU last week and he/they seem very open to hearing ideas on replay attack protection and coming up with solutions, which was great to see.

It is not as trivial for them to add as I originally thought, because it seems adding replay protection would break SPV clients (which includes a number of mobile wallets).We as a community could probably use more brainstorming on how to solve this generally (for any hard fork).I'll make a separate post on that.I think regardless of what was stated in the letter (and people's personal views), pretty much every exchange would list whatever version got the overwhelming majority of miner and user support as BTC.I also think miners know this.A number of exchanges (GDAX, Poloniex, Gemini) didn't sign the letter, or later clarified their position on it (ShapeShift, Kraken), so I think there are a variety of opinions out there.I think creating public industry letters that people sign is a bad idea.They haven't been very effective in the past, they are "design by committee", people inevitably say their views were not accurately represented after the fact, and they tend to create more drama.I'd rather see private communication happen to move the industry forward (preferably on the phone, or in person - written communication is too easy to misinterpret people's tone).

Or to have each exchange state their own opinion.My goal is to have Coinbase be neutral in this debate.I think SegWit, BU, or other solutions could all be made to work in bitcoin.We're here to provide whatever our customers want as best we can across all digital currencies, and work with the wider community to make forward progress.buy bitcoin otcπ Rendered by PID 14207 on app-510 at 2017-06-24 12:06:14.136319+00:00 running 3522178 country code: SG.bitcoin schweiz kaufenStartseite LVZ Abonnenten-Anmeldung Andere Anmeldung Mit meiner LVZ-PIN Volltextsuche über das Angebot: Einfach erklärt: Wie funktionieren Bitcoins?mycelium bitcoin tradingBitcoins breiten sich aus.zinsen auf bitcoin

Nicht nur online, sondern auch in der echten Welt.Aber: Wie funktioniert die Digitalwährung überhaupt?Und was unterscheidet sie von gängigen Zahlungsmitteln?Bitcoins - ein Konkurrent zu gängigen Währungen?Alternative Zahlungsmodelle sind auf dem Vormarsch.Mehr und mehr Cafés, Hotels oder PC-Geschäfte akzeptieren Bitcoins – und in Zukunft vielleicht auch Universitäten.papa johns bitcoinDie Vorteile liegen auf der Hand: Es gibt keine zentral steuernde Institution und die Zahlungen sind pseudonymisiert.china bitcoin restrictionDoch wie genau funktioniert das System überhaupt?bitcoin qt makeIst es wirklich sicher?ethereum geforce miningUnd was passiert bei einem Hacker-Angriff?litecoin mining pool 0 fee

Diese Fragen beantwortet das folgende Video.Text: Adrian Breda Video: Adrian Breda Zeitung in Schulen LVZ-Fahrradfest 2017 Zeitungsküken 2017 gekürt LVZ-Sommerkino im Scheibenholz Schau!Das Leipziger Museumsportal Schlingel - Familienmagazin Das Fußballportal der LVZ RB-Leipzig-Special SC DHfK HC Leipzig Meistgelesen in Specials 1 Finanzdienstleister buhlt mit fragwürdigen Steuertipps um Studenten 2 Das zweite LVZ-Sommerkino im Scheibenholz startet am 20. Juli 3 Sex in der DDR: Eine stille Revolution 4 Auf die Erdbeeren, fertig, los!Selber pflücken oder lokal kaufen 5 LVZ-Sommerkino 2017 lockt mit 24 Filmen ins ScheibenholzBobby Lee, the founder of China’s biggest Bitcoin exchange, BTC China, went on Bloomberg TV yesterday to knock down the false notion that virtual currency had been banned in his country.In December, China’s central bank issued guidance that bars financial institutions from processing transactions in Bitcoin.

In other words, its not real currency: You can’t pay off your credit card though a bank account stocked full of Bitcoins.That’s essentially the same gray status that Bitcoin enjoys in the U.S.Still, the announcement by China’s central bank triggered a big selloff.Between late November and mid-December, Bitcoin’s price fell by more than half, from about $1,100 to a little more than $500.During an on-the-record breakfast at Bloomberg’s Washington (D.C.)office on Wednesday, Lee said that trading volume on BTC China plunged as much as 80 percent after the announcement.That’s spurring him to change the exchange’s business model from one that gets its revenue mostly from fees associated with trading volume to one that offers clients “premium services.” Far from being banned in China, Lee gave the impression that Bitcoin is gaining a stronger foothold there than in the U.S.For one, he said, it’s far easier to set up a Bitcoin exchange in China, partly because there’s just one government entity to deal with rather than the collection of state and federal agencies in the U.S.

appears to be winning the fight for investors.According to a report from Aite Group, of the $117 million in venture capital investments directed toward Bitcoin startups so far, $98.6 million has been funneled to 19 companies in North America, while just $13.3 million has gone to nine startups in Asia.Earlier this week, David Cohen, under secretary for terrorism and financial intelligence at the U.S.Treasury Department, gave a somewhat tacit approval to Bitcoin.My Bloomberg Businessweek colleague Josh Brustein summed up Cohen’s message as basically saying that so long as Bitcoin remains impractical, Treasury will leave it alone.That’s good news for now, but for pioneers such as Lee, the challenge of legitimizing Bitcoin isn’t so much in keeping it out of the hands of terrorists as in getting into the hands of everyone else.In Lee’s opinion, we’re past the point at which governments can stop Bitcoin: It’s global, it’s decentralized, and, as bizarre as it may seem, it has obvious potential as a disruptive force.