By Joshua Althauser On June 5, the Nevada State Legislature became the first US state to approve a bill which will block local government entities from taxing Blockchain transactions.Nevada is often recognized as the “silver state” due to its significant silver resources.It is also famous for being the home to Las Vegas, the city of entertainment.A big chunk of its revenue comes from casinos, and money is valuable in this location.For the first time, the state of Nevada has taken a significant step in paving the way for the continued progress of Bitcoin.On March 30, Republican Senator Ben Kieckhefer introduced Senate Bill 398 intended to protect Blockchain transactions under the state’s Uniform Electronic Transactions Act.The bill provides an accurate definition of the Blockchain, stating that it is: “An electronic record of transactions or other data which is: Uniformly ordered; redundantly maintained or processed by one or more computers or machines to guarantee the consistency or non-repudiation of the recorded transactions or other data; Validated by using cryptography.” Bitcoin transactions are tax-free Senate Bill 398, the Blockchain-friendly bill, was introduced by Kieckhefer last March and was approved unanimously by the Senate in April.

The move was made right before the moving of the Nevada Assembly in May, whereby it was amended, approved and then turned back to the Senate who confirmed the amendments.It was then sent to Governor Brian Sandoval whereby it was approved.In regards to the approval, Kieckhefer states: “The potential uses of Blockchain are limitless, and I’m confident Nevada’s entrepreneurs will find ways to use this technology to innovate and drive our economy forward.” He added: “I can’t wait to see what comes next.” Following in the steps of Arizona This is the second Blockchain-friendly bill that has been enacted into law within the past few days.On May 29, Arizona Governor Doug Ducey signed a bill which recognized the legality of Blockchain’s signatures and smart contracts.Domino effect Bitcoin influences and has a domino effect upon every state and company, and this law aims to promote both Nevada and the Blockchain community.Let us hope that Nevada continues to become a decentralized Blockchain-friendly stateso that the amendments may focus on promoting honesty, integrity, validity and immutability – all of which Blockchain is known for.

One by one, US states are gearing towards the direction of Bitcoin.The digital currency that started small is now instructing the world and providing a path for how the future will grow financially.The world is adjusting to Bitcoin, something never experienced before in history, and a world centered around cryptocurrencies is the future that we should look forward to.Transparency and a better economy await with this law validating the legality of Bitcoin./news/nevada-becomes-first-us-state-to-block-blockchain-taxes Joins Forces with Kraken, Enables Bitcoin Purchase on Its Wallet Israeli Banks Can Legally Refuse Service to Bitcoin and Cryptocurrency CompaniesAll Posts Previous | Back | Next Re: [PATCH] increase block size limit Bitcointalk 2010-10-04 19:48:40 UTC - Original Post It can be phased in, like:if (blocknumber > 115000)    maxblocksize = largerlimitIt can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.

Previous | Back | Next All PostsCitation needed: Satoshi's reason for blocksize limit implementation.(self.Bitcoin)submitted by I'm currently editing the blocksize limit debate wiki article and I wanted to find a citation regarding the official reason as to why the blocksize limit was implemented.bitcoin-cli installI have found the original commit by satoshi but it does not contain an explanation.bitcoin ubtcAlso, the release notes for the related bitcoin version also do not contain an explanation.bitcoin miner für androidI also have not found any other posts from satoshi about the blocksize limit other than along the lines of "we can increase it later".wild beast bitcoin

I'm wondering, was there a bitcoin-dev IRC chat before 07/15/2010 and was it maybe communicated there?The mailing list also only started sometime in 2011 it seems.ethereal cryptic axeπ Rendered by PID 12347 on app-362 at 2017-06-24 10:35:53.621356+00:00 running 3522178 country code: SG.litecoin sell euroPage not found, please check you typed the address correctly.If you believe this to be a mistake please contact wallet@blockchain.info.Jump to: , Halving day 2012 (November 28, 2012) was the day of the first subsidy halving, which occurred when block 210000 was solved.Until block 420000, the block reward would be 25 BTC instead of the original 50 BTC.At the moment before the halving, 10,500,000 BTC had been mined, 50% of the target cap.A Radeon HD 5800 Series graphics card, the same series of the GPU used to solve block 210000Block 210000 was found and broadcast on 2012-11-28 at 15:24:38 UTC.

was responsible for finding the solution, and a miner named contributed the solution.The block was solved by a Radeon HD 5800[4] after mining for less than a week.[5]This GPU would later be sold to Chaang Noi at a significant markup on August 26, 2013.[6]Several images of the card were posted to Bitmit, but no copies are currently known to exist.[7]This page is a stub.Help by expanding it.History of cryptocurrency Jump to: navigation, search A chronological list of all cryptocurrencies released till 2013 Name Launch Date Creator Forked from Hashing Algo Link Description Bitcoin 03.01.2009 Satoshi Nakamoto New SHA-256 Mail Archive First peer-to-peer payment system Namecoin 18.04.2011 vinced Bitcoin SHA-256 BitcoinTalk First decentralised Domain Name System Timecoin 25.05.2011 knightmb New SHA-256 BitcoinTalk PHP based cryptocurrency Multicoin 29.06.2011 sacarlson Bitcoin SHA-256 BitcoinTalk Supports mutiple blockchains Devcoin 05.08.2011 Unthinkingbit Bitcoin SHA-256 BitcoinTalk 90% of the mining reward goes to the developers Ixcoin 10.08.2011 Nasakioto Bitcoin SHA-256 BitcoinTalk Higher block reward, premined I0coin 16.08.2011 kr105 Ixcoin SHA-256 BitcoinTalk Ixcoin without premine SolidCoin 21.08.2011 RealSolid Bitcoin SHA-256 BitcoinTalk Faster block generation rate, fixed transaction fees Geist Geld 09.09.2011 Lolcust Multicoin SHA-256 BitcoinTalk Extremely fast block generation rate, no supply limit, experimental Tenebrix 26.09.2011 Lolcust & ArtForz Bitcoin scrypt BitcoinTalk First cryptocurrency using scrypt, premined Fairbrix 02.10.2011 coblee Tenebrix scrypt BitcoinTalk Tenebrix without premine Litecoin 13.10.2011 coblee Bitcoin scrypt BitcoinTalk First cryptocurrency to use scrypt and a faster block generation rate RuCoin 16.10.2011 Bitcoin SHA-256 BitcoinTalk Developed in russian, closed source Coiledcoin 02.10.2011 makomk Bitcoin SHA-256 BitcoinTalk No supply limit Liquidcoin 18.01.2012 Nicksasa Tenebrix scrypt BitcoinTalk Fixed difficulty, no supply limit BBQCoin 15.07.2012 Cubox Litecoin scrypt BitcoinTalk Fast block generation rate, no suppy limit PPCoin 19.08.2012 Sunny King Bitcoin SHA-256 BitcoinTalk First cryptocurrency using Proof of Stake Novacoin 01.10.2012 Balthazar PPCoin scrypt BitcoinTalk PoS combined with scrypt Terracoin 29.10.2012 Bitcoin SHA-256 Faster blocks, different difficulty adjustment algorithm Freicoin 21.12.2012 jtimon & maaku Bitcoin SHA-256 Bitcointalk First and only demurrage cryptocurrency Map Of Coins - Visualized history of the cryptocurrency world