Latest posts of: Vladdirescu87

There is no reason to run a Bitcoin or Blockchain business in Malta if you are in the EU. Bitcoin lawyers, entrepreneurs, and traders from Malta consider the local government to talk more than support the blockchain.

Joseph Muscat, the prime minister of Malta, is known as a great supporter of Bitcoin and blockchain. Recently, he stated at a conference organized by Malta’s financial affairs parliamentary committee: “This is not just about Bitcoin, and I also look forward to seeing blockchain technology implemented in the Lands Registry and the national health registries.” He also stated in his public speech: "Malta can truly serve as a test-bed for new sectors and foreign firms to test their new technology and products locally. If Malta managed to attract a mere 1% of the UK’s Fintech industry to Malta post-Brexit, it would mean an injection of €200 million into the local economy."

The full article: https://coinidol.com/no-reason-to-run-bitcoin-business-in-malta/

A new technology called RAIDA (Redundant Array of Independent Detection Agents), used to detect the authenticity of a new cloud-based cryptocurrency – CloudCoin, has received a provisional patent in the US, and now aims to challenge the technology standing behind Bitcoin.

CloudCoin and RAIDA aim to challenge Bitcoin and Blockchain technology. The RAIDA project was launched by Sean H. Worthington when he applied the rules of data integrity used in databases to create a philosophical model for a perfect currency.

The full article: https://coinidol.com/cloudcoin-cryptocurrency-challenging-bitcoin/

According to a report, the grand prize went to developers who created a P2P flight insurance service, called Bimbo Fly, which would offer compensation in the event of aircraft flight delay.

Ambitious P2P, cryptocurrency and Blockchain-based projects win the FinTech Hackathon in Belarus.

Several cutting edge projects were represented at the FinTech hackathon in Minsk, Belarus. Within 48 hours, teams of enthusiasts managed to develop several project ideas and demo versions.

The full artilce: https://coinidol.com/cutting-edge-fintech-solutions-in-belarus/

Hello, is your coin alive? Can you comment to this article please: https://coinidol.com/altcoins-delisted-from-poloniex-are-not-dead/ ?

Blockchain-based systems for firearms tracking could come in handy for the police as they potentially help prevent gang violence and child mortality. However, some state governments think it is unfair to force people to use that technology.

For example, the government of Arizona has developed a bill to prohibit the mandation of firearms tracking using blockchain. They think mandation of smart-gun technology might impose government tyranny upon those who use weapons. Besides, it might be used not only for the prevention of children mortality and gang violence, but for their own purposes.

The full article: https://coinidol.com/firearms-tracking-vs-government-tyranny/

And what do you think about firearms tracking?

7 of 17 altcoin communities, that are going to be delisted from Poloniex, are not dead and have commented on the situation.

After the announcement from Poloniex, each of the cryptocurrencies faced a major price fall. Some of these coins have lost 30-75% of their price in just a couple of hours. Traders and the community were shocked with the list of coins delisted and the fact that there are no explanations of why Poloniex decided to do it.

The full article: https://coinidol.com/altcoins-delisted-from-poloniex-are-not-dead/

Altcoins Delisted From Poloniex are Not Dead and Kicking

7 of 17 altcoin communities, that are going to be delisted from Poloniex, are not dead and have commented on the situation.

After the announcement from Poloniex, each of the cryptocurrencies faced a major price fall. Some of these coins have lost 30-75% of their price in just a couple of hours. Traders and the community were shocked with the list of coins delisted and the fact that there are no explanations of why Poloniex decided to do it.

https://coinidol.com/altcoins-delisted-from-poloniex-are-not-dead/

Russian political party Party of Growth has recently announced the launch of a new Blockchain-based system, called "People of Growth", and their own cryptocurrency, called “Upcoin”. For the first time, Blockchain technology becomes the organizational basis for a political party.

The Party of Growth is now preparing its candidates for the municipal elections in Moscow this year. Candidates from the party will also receive a loan in Upcoins that they can use for training on the specialized courses.

The full article: https://coinidol.com/political-party-to-use-cryptocurrency/

What do you think about using cryptocurrencies in politics?

Banks are looking forward to implementing new technologies for changing and improving the existing payment systems.

Qatar Commercial Bank has completed their blockchain-based pilot for international money transfers. Ripplestrives to provide a new DLT solution ambitiously aimed at competing with the world-known system Swift.

Fintech enthusiasts might look forward to the implementation of new solutions which could potentially change the whole payments industry, but there still are a lot of questions about the actual aspects of usage for such solutions.

You can read the full article here: https://coinidol.com/can-dlt-solutions-compete-with-swift/

Starting April 18th, 2017, customers of one of the largest cryptocurrency exchanges, Bitfinex, won’t be able to withdraw their Bitcoin to fiat due to problems with the Taiwan banks that the crypto exchange is moving customers funds through. Is this problem only between KGI Bank, First Commercial Bank, Hwatai Commercial Bank, Taishin Bank and the Bitfinex exchange, or could it affect all banks and exchanges within Taiwan?

The full article: https://coinidol.com/taiwan-banks-block-bitcoin-withdrawals-in-fiat/

The Belgian Minister of Justice has proposed to confiscate all cryptocurrencies in circulation and start regulating all transactions with digital currencies. This might mark the end of free use of digital currencies in Belgium.

Koen Geens, the Minister of Justice of Belgium, believes that cryptocurrencies are used by terrorists, criminals, and drug dealers, and thus companies dealing with cryptocurrencies should be under strict control of the government and courts.

The full article here: https://coinidol.com/belgium-to-restrict-all-transactions-with-bitcoin/

Bitcoin mining is regulated by a difficulty factor which determines how hard it is to mine one block of bitcoin. Recently the difficulty factor was just above 520,000,000,000. Coinidol.com investigates the effects of this rise on the Bitcoin mining activities.

Bitcoin mining difficulty changes after every two weeks depending of the amount of computing power measured in hashrate available in the bitcoin mining network. When new miners add in more computing power in the network the mining difficulty increases and when big mining farms withdraws from mining the difficulty reduces.

The full article here: https://coinidol.com/bitcoin-mining-difficulty-factor/

One of the top-5 most valuable digital assets by market cap, Dash, is in another major price uptrend after the announcement that one of the world’s largest cryptocurrency exchanges, Kraken, would support Dash.

Starting Wednesday, April 12, Kraken’s customers can exchange Dash for BTC, USD, and EUR. Kraken will also add support for normal and instant-send withdrawals with fees of 0.0005 and 0.01 DASH.

The full article here: https://coinidol.com/kraken-adds-dash/

The Russian Deputy Finance Minister, Alexey Moiseev, has said that authorities hope to recognize bitcoin and other cryptocurrencies in Russia in 2018.

According to the latest interview with Alexey Moiseev by Bloomberg, Russian authorities are seeking to accept cryptocurrencies as a legitimate financial instrument, but their highest priority today is to enforce rules against illegal transfers.

The full article here: https://coinidol.com/russia-may-recognize-bitcoin-in-2018/