The requested URL /?cmd=fees was not found on this server.When Blockchain started out as an open source project, we set out to build tools that would make it easy for anyone to use digital currencies.We still pursue this goal everyday.I’m extremely proud and humbled by the progress we’ve made – millions of active users around the world, exchange partnerships in 34 countries, billions in monthly consumer volume, and an API platform used by some of the biggest companies in our field.Today, I’m excited to announce that we’ve raised a Series B of $40 million with Lakestar and GV (formerly Google Ventures) with additional participation from Nokota Management and Digital Currency Group.Our existing investors – Lightspeed Venture Partners, Mosaic Ventures, Prudence Holdings, Virgin, and Sir Richard Branson (Virgin Group) – also participated in the round.Their continued support is an honor.Our Series B represents the most substantial investment in the fintech space since Brexit and is the largest Series B raised by any digital currency company to date.

This brings our total capital raised to over $70 million and we’re thrilled to welcome some of the most well-respected investors in the world to the Blockchain family.Our mission “to create an open, accessible, and fair financial future for billions across the globe, one piece of software at a time” is a lofty one.This capital moves us one step closer to delivering on that mission and will ensure we can take a very long-term view.As the market leader, you can expect us to make big, bold bets in research and development as well as further our expansion efforts globally.You can also expect new products aimed at allowing anyone to transact, save, or hedge digital assets with greater speed, efficiency and control.Innovating, disrupting, revolutionizing a century old industry takes time.We’ve made significant strides, but we’re just getting started.Thank you for joining us on the very first part of our journey to the moon – rest assured we have the rocket fuel to get there!Sincerely, Peter & the Blockchain Team At Blockchain, we strive to make digital currency safe and easy for everyone to use.

Part of that goal is providing effective miners’ fee recommendations for every transaction our users make.Bitcoin has recently reached its peak capacity, with a consistent queue of tens of megabytes of transactions waiting to be confirmed.As bitcoin interest and activity continues to grow (and we can expect this trend to continue), we’ve made two important changes to our wallet: Read more Bitcoin has already begun to radically change how people transact.the bitcoin book andreasWondering how we got to where we are today?bitcoin sec filingHere are a list of bitcoin’s milestones to date that have helped define the ecosystem and build a new financial future for millions across the globe.bitcoin eu regulation

Read more Late last year, we a partnership with that allowed our users in Europe to, for the first time ever, seamlessly and expediently buy bitcoin from within their Blockchain wallets without compromising user security or control.This partnership was aimed at making our wallet infinitely more user friendly and, ultimately, more accessible for the mass market.Today we take the next step in delivering greater accessibility.Our team is excited to announce that iOS users in Europe are now able to buy bitcoin from within their Blockchain wallets using the same seamless and user friendly Blockchain-Coinify integration available to web users.ethereum argentinaRead more Thanks for joining us for this edition of our bitcoin news roundup, where we’ve got headlines on the recent $2,000+ bitcoin price surge, notable recent and upcoming block chain industry events, and valuable takeaways from the WannaCry attacks.bitcoin gambling open source

Read on to find out more!Read more Can you believe it’s nearly summer already?Between the rising trends for global adoption and all the stellar price movement, 2017 has been a record-setting year so far for bitcoin.Joining us on this epic journey are three new Blockchain team members that we can’t wait for you to meet!Read more Thanks for joining us for this edition of our bitcoin news roundup, where we’ve got headlines on the bitcoin price’s record number of all-time highs, the SEC’s decision to reconsider the Winklevoss ETF, and lightning network developments from peer-to-peer content platform Yours.bitcoin super pump free downloadRead more Recently, a phishing trend that’s attempting to mimic our wallet authorization emails has been making the rounds.bitcoin miner live cdTo help users distinguish between what’s legitimate and what’s not, this post will serve as a primer on wallet login attempts, how the process works, and how to outsmart phishers.bitcoin join mining pool

Read more It goes without saying here that we’ve got plenty of content covering bitcoin’s ins, outs, and everything in between.And when it comes to traditional, centralized currencies most people are used to, bitcoin is definitely out of the ordinary.But is that a negative?What about other strange currencies used throughout history and even the present day?Once you’re done reading this, bitcoin may not seem like the only oddball after all.world's fastest bitcoin minerRead more Thanks for joining us for this edition of our bitcoin news roundup, where we’ve got updates on SegWit support, and the wire transfer deadlock experienced by multiple exchanges.We also cover headlines out of Russia and India that suggest both governments may be shifting their stance on digital currencies for the better.Editor’s note: Florian Graillot is a VC investor at AXA Strategic Ventures.Bitcoin’s most disrupting feature is its decentralized architecture.

Indeed, bitcoin relies on a P2P network of computers to proceed money transfers.Each part of the network works to create new bitcoins (‘mining’), keep the network alive and validate transactions.All the transactions are registered in the blockchain that is used to validate a transaction using cryptography technology: it ensures that you can’t use a bitcoin you don’t own or you don’t use the same bitcoin more than once.This last action previously required a third party, but with bitcoin this is not the case anymore: the network replaces financial institutions and banks.Then, money transfers are almost in real time as the network is responsible for validating transactions.Currently you need only 10 minutes to get your money transfer approved.As there is no third party the transfer is almost free.Miners are the only ones to be rewarded to issue new bitcoins.They also collect fees to integrate a new transaction into the blockchain, then validate a transfer.Currently a typical fee costs 0.0001 bitcoin (BTC) per transaction.

The remittance market is huge and moving swiftly to digital Remittance was a $582 billion market in 2014 according to the World Bank.Most of all it is dominated by transfers from developed countries to developing ones.In 2014, China received $64 billion through remittance and India $71 billion.Philippines received $25 billion, Mexico $22 billion, Nigeria $21 billion, Egypt $17 billion and Vietnam $11 billion in 2013.So far most transactions are made through brick and mortar networks; in 2014 only 5% were digital transactions.These networks like Western Union or MoneyGram charge high fees to finance their deep local presence worldwide.A typical money transfer costs up to 10% fees.But as mobile phones are spreading across the world, even in emerging countries, money transfers are shifting to digital.And mobile/digital remittance services are booming as they offer reduced fees mainly thanks to lower-fixed costs (maintaining a mobile app is much cheaper than operating a retail network).

Most of the digital remittance operators claim they are at least 45% cheaper than physical networks.Some of these new companies are operating under a P2P model: connecting buyers and sellers to arrange currency exchanges.Bitcoin allows several operating models Even through digital, remittance remains deeply dependent on third parties: banks are still validating money transfers from senders to the remittance operator and again to recipients.Then Bitcoin could even lower fees thanks to its decentralized network and through three different operating models that could be shaped: A few startups are already operating on the bitcoin/remittance market Even at the early beginning this market has already attracted entrepreneurs and investors.Though far from Transferwise, a mobile remittance company that has a valuation over $1 billion and uses a P2P model to facilitate easy money transfers and currency exchanges, BitPesa has recently raised $1.1 million to ease bitcoins transfer from the UK to Africa.

Abra raised a seed round and launched its service a few weeks ago in San-Francisco to ease money transfers based both on P2P and bitcoin technologies.In emerging countries, Rebit is developing its remittance service to send money to the Philippines through bitcoin, ArtaBit develops a service to Indonesia and Coincove to Latin America.Whereas bitcoin is an open-source technology, it has long been regulated and constrained by banks and states.Because it relies on a P2P network to operate, bitcoin is seen as a threat to financial markets and states.Based on a combination of public and private key the technology is seen as an anonymous way to transfer money then easing traffic and money whitening.Then, for instance China forbids Chinese’s financial institutions from handling bitcoin transactions.Companies that are operating bitcoin transfers also need to get a regulation approval to operate in developed markets as financial institutions request every actor to confirm it operates under transparent processes.

The bitcoin currency has also been very volatile, as its value moved from a few dollars for 1BTC at inception to over $1,000 for 1BTC at the end of 2013 and is now around $230 for 1BTC.This is a threat for bitcoin/remittance operators as they need to be very quick at exchanging currencies to make sure they will not keep bitcoins for a too long time.Protecting against currency exchange rates is the main issue for these companies.Security is another issue for the Bitcoin industry as a few platforms have been hacked and bitcoin wallets have been closed making millions of BTC disappear without any counterpart for their owners.Then bitcoin/remittance companies need to ensure customers they will not lose the money they upload on their platforms.Finally, bitcoin technology has a lot of property to attract digital remittance operators, starting with its decentralized technology, and some money has been invested in this market as the remittance industry is quickly shifting to digital.Bitcoin also seems to have been introduced to manage remittance to developing countries thanks to it low-cost operating structure, especially as a lot of money is currently lost in fees along the remittance process.