Cryptocurrency

Tarsnap, the privacy-oriented backup service announced today in an email from its founder that it would be suspending the ability to pay for its services using Bitcoin. The decision was made by Tarsnap on Tuesday.

‘The final straw came on Tuesday when Stripe (which Tarsnap uses for both credit card and Bitcoin payments) announced that they were going to cease their support for Bitcoin , due to exactly the same problems as I noticed…’

With Stripe citing high transaction fees and volatility as the reason for its decision. Tarsnap is not the first company to stop accepting Bitcoin based on these reasons. It is the continuation of a trend started by Steam and Microsoft (though Microsoft has since reversed its decision). The email stated that Tarsnap will cease accepting Bitcoin payments on April 1st. Tarsnap chose the date presumably to allow customers using Bitcoin to secure other means of payment.

Tarsnap’s future plans

The email went further to state that Tarsnap intends looking into other cryptocurrencies for payment. Specifically referencing wanting Stripe to support them. And indicating a want for currencies not based on proof of work. The email links to a Stripe announcement where it is mentioned that Stripe is looking at the Lightning Network, OmiseGO, Ethereum, and Stellar. With a comment towards Bitcoin Cash, Litecoin, and other ‘Bitcoin variants’ as a possible solution as well.

End of Bitcoin as a payment option?

Tarsnap’s decision is one of a few made in recent months that paint Bitcoin used as a payment mechanism in a bad light. The idea that Bitcoin is more of a commodity than a currency is not a new one. Though it’s not an idea that has completely taken hold (yet?). If this trend continues, Bitcoin may find itself left behind as other cryptocurrencies take the lead in usability and adoption. Though only time will tell what lies in Bitcoin’s future.

I Gave is a new DAO (Decentralised Autonomous Organisation) that is centered around allowing users to donate Ethereum to a charitable organization. Its current implementation is open source and was launched in January 2018 and is in the form of a private testnet. I Gave’s underlying technology is Ethereum smart contracts, much like cryptokittes.

The Idea behind I Gave

I Gave allows donors to donate to charitable organizations using ethereum in exchange for a nonfungible token. This token represents a “need” for the organization. Its whitepaper gives the example of “1 bottle of water” as a need represented by a token. A specific number of the non-fungible tokens are available when a fundraising campaign is started. And the fundraiser ends either when there are no more non-fungible tokens left or when the end date of the fundraiser passes. Either way, at the end of the fundraiser, there will be no further tokens of that type issued. The whitepaper also mentions a fungible token to be used for voting on specific issues, such as marking specific ethereum addresses as ‘Partners’. Partners do not pay the fees involved in starting a fundraising campaign.

ICO

I Gave will begin with an Initial Coin Offering intended to raise at least 100,000,000 IGV (100 ETH), and at maximum 50,000,000,000 IGV (500,000 ETH). 20% of the ICO will go into a development fund, with the rest going to those that purchased the IGV.  IGV owners will be able to withdraw their ETH if the ICO fails. The ICO has two failure conditions. The first failure condition is not reaching the 100,000,000 IGV goals within the timeframe of 12 months.  And the second is up to the founder of I Gave, who can end the ICO at any time.

 

I Gave is an extremely interesting idea and seems to have a well thought out plan for rollout and long-term use.  And if it succeeds,  could be a great asset to charitable organizations everywhere.

Featured image from I Gave’s GitHub

world crypto economic forum

The WCEF, being held January 15 & 16th, 2018 in the South San Francisco Conference Center, will bring together entrepreneurs, crypto enthusiasts, and thought leaders to discuss the ever changing landscape of this fast evolving blockchain economy.

Just announced, Nick Szabo — computer scientist, legal scholar, and cryptographer who has spent many years developing ideas around cryptocurrencies, including the phrasing and concept of the smart contract — will be performing at the event. Michael Arrington, Founder at TechCrunch and XRP Capital, is another keynote speaker. Among other speakers are successful entrepreneurs and blockchain experts including Bill Barhydt (Abra), Joey Krug (Augur/Pantera), Justin Newton (Netki), Toni Lane Casserly (Culture), Igor Barinov (Oracles Network), Miko Matsumura (Evercoin) and others. Their talks will cover all facets of the digital economy — from blockchain tech to new economic models using tokens.

In addition to keynote presentations and panel discussions, WCEF will feature lightning talks, power networking sessions, and both a token pitch and hackathon contest.

Find more information on the website: http://wcef.co/

Get your early bird ticket now: https://www.eventbrite.com/e/world-crypto-economic-forum-tickets-40798780250

tnabc

After a huge response to the announcement of The 6th North American Bitcoin Conference and the whole world watching as Bitcoin incredibly hit $13k at the beginning of December, Keynote has added extra speakers to the Miami lineup to include even more of the biggest names from the world of blockchain.

The 6th Annual North American Bitcoin Conference, held in sunny Miami Beach January 18th and 19th, will feature blockchain technology veterans and founders who have collectively raised over $3.1 billion in Initial Coin Offerings (ICOs).

The updated North American Bitcoin Conference lineup includes:

  • Roger Ver – Bitcoin Pioneer & CEO, Bitcoin.com
  • Halsey Minor –  Founder/Co-founder CNET, Salesforce.com, Uphold, Live Planet
  • William Quigley –  Founder, WAX    $80+ million raised in ICO
  • Charlie Shrem – Bitcoin Pioneer
  • Gabriel Abed – Founder, Bitt   $5.5 million in seed
  • Craig Sellars – Co-founder & Advisor, Tether  $767+ million Market Cap
  • Steve Beauregard – CEO, GoCoin   $2+ million in seed
  • Bruce Fenton – Executive Director, Bitcoin Foundation
  • Diego Gutiérrez Zaldívar – Founder, RSK Labs $4.5 million in seed
  • Dr. Scott Mcpherson – Co-founder & Board member, ARK  $325+ million Market Cap
  • Jeffrey Tucker – Director of Content, Foundation for Economic Education
  • Jeremy Gardner – Founder, Augur  $300+ million Market Cap
  • Joey Krug – Co-Chief Investment Officer, Pantera Capital
  • Jason King – Co-founder, Academy
  • Justin Newton – Co-founder & CEO, Netki  $3.5 million in seed
  • Moe Levin – Founder, Keynote
  • Marshall Long – Founder, eBoost   $1.3+ million Market Cap
  • Matt Spoke – CEO & Co-founder of Nuco & Founder, AION  $49 million in seed
  • Oleg Seydak – Founder & CEO, Blackmoon   $30+ million in seed
  • Riccardo Spagni – Core Developer, Monero  $2.9+ billion Market Cap
  • Sasha Ivanov – Founder & CEO, Waves Platform  $576+ million Market Cap

 

With more than 1,000 Bitcoin and blockchain community members expected to attend, the conference will build on the success of similar events in London, Los Angeles, Chicago, and Dubai as part of the World Blockchain Forum. As the longest running and most attended conference in the cryptocurrency industry, The 6th Annual North American Bitcoin Conference has generated substantial media buzz and has been covered by the Wall Street Journal, Forbes, Fortune.com, and Bloomberg.

The two-day conference, will focus on themes around the future of Bitcoin and blockchain technology, with a special focus on investments, successful past and future ICOs, legal implications and regulations, and how decentralization is disrupting the banking industry.

Keynote’s founder Moe Levin says, “We are thrilled to announce the addition of such prominent speakers to this lineup. The diversity of speakers will create a truly impactful dialogue about the future of the industry. And with plenty of networking opportunities, there’s no better place in the world to rub shoulders with the major players in blockchain.”

Tickets are available at btcmiami.com/tickets.

About Keynote

Keynote was launched in 2012 by blockchain strategist Moe Levin. Further information and details about Keynote and the event can be found at btcmiami.com

For media inquiries, please contact Amandah Hendricks, Keynote’s Marketing Director at [email protected]

manila philippines conference

On January 25, Manila for the first time will host Blockchain & Bitcoin Conference Philippines, an event dedicated to cryptocurrency, blockchain and ICO.

Philippines is a pioneer in the digital assets regulation

At the end of November 2017, the Philippines` Securities and Exchange Commission announced its intention to introduce cryptocurrencies in the legal field. This means that soon the state can become one of the pioneers in the field of regulating digital assets. Legislative security will positively affect the popularity of the Philippines in the crypto community.

Participants are crypto industry professionals

Crypto experts from all over the world will take part in the event: representatives of financial institutions, bankers, entrepreneurs, investors, lawyers, developers of blockchain solutions, startups and professional traders.

Guests will enjoy not only the conference, but also an exhibition
The event takes place in the format of a conference + exhibition, which simplifies the search for potential business partners. Within the conference, speakers will discuss legislative changes in the field of cryptocurrencies and tokens in the Philippines, share the experience of preparing a startup for the ICO, advise which digital assets should be invested in the new year and tell about the benefits of blockchain for business.

Representatives of the international crypto community will gather in the exhibition area: suppliers of mining equipment and farms, crypto exchanged, blockchain projects and investment funds.

The event is held by the international company Smile-Expo

The organizer of the event is Smile-Expo, the company that conducts events of the Blockchain & Bitcoin Conference network in 15 countries of Europe and Asia.

Venue: Edsa Shangri-La Hotel, Manila.

Follow the news on the official website of Blockchain & Bitcoin Conference Philippines.