Tag: Digital Currency
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Can the Bitcoin Foundation Build Legitimacy For an Outlaw Currency?
Bitcoin may have just gotten an upgrade. Bitcoin Gavin Andresen announced today on the Bitcoin Talk forums that he has launched a non-profit, modeled on the Linux Foundation, that will seek to “help people exchange resources and ideas [about Bitcoin] more freely.” If you’re unfamiliar with the Linux Foundation, it’s a non-profit aimed at promoting…
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Bitcoins & The Future Of Online Currency
Bitcoins are not mere drug currency. Bitcoins are not failing. Okay? Are we clear about that? Good. The future of online commerce looks to rely less and less on the physical amount of money you have in your bank accounts and wallets and more on what you could call “digital” wallets: online reservoirs where you…
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Namecoin – A DNS alternative based on Bitcoin
Namecoin is a domain name system based on Bitcoin. It extends Bitcoin to add transactions for registering, updating and transferring names. The idea behind this is to provide an alternative to the existing DNS system where names can be taken from their owners by groups that control the DNS servers. The project was originally announced…