Archive of posts filed under the Financial Markets category.

On Forces of Self-Destruction in Bitcoin

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I have worked for several years in bitcoin community. In May 2014 I have published a paper in which I formulated the theory of programmed self-destruction of crypto currency.   Few points about this My conclusion was that many crypto currencies were genetically programmed or bound to self-destruct. This is absolutely certain. Not because they were …

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Is Bitcoin Going to Split in Two?

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Two prominent bitcoin gurus Gavin Andresen and Mike Hearn decided to release their own software distribution of bitcoin and ALTER the specification of bitcoin! There will be a possibility to mine blocks with a new version number and new rules. This is meant to make bitcoin more democratic: larger blocks, more transactions per second, lower fees, wider …

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