Hmm, maybe they are saying they can build a currency on Etherium in 20 minutes. Which should be possible, I don't know if it makes sense since everything you would do with that currency would then cost you ether, granted not much but it's still a cost. However, I don't know what it means when they say "update the value".

Excellent. "During his opening remarks, the Chancellor also touched upon the topic of innovation, noting that the UK was committed to ensuring that regulation is not too burdensome." I hope that means financial services innovation as well.

We are back up and running now.

Yep, I am having problems connecting to DCEBrief at the moment. I'm sure it will be back up soon.

Whatever I can do to help on Cryptopia, just let me know.

Thanks Mark, I hadn't been back to see the beginning of the thread in a while, that was a pleasant surprise.

I didn't want to post the entire article, but it's worth a read. Pretty incredible.

JPMorgan's 2014 Hack Tied to Largest Cyber Breach Ever

The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the theft of information on 100 million of their customers that fueled a web of stock manipulation, credit-card fraud and illegal online casinos.

Two indictments, unsealed Tuesday, tied three of four suspects to previously reported hacks of JPMorgan Chase & Co., E*Trade Financial Corp., Scottrade Financial Services Inc. and Dow Jones & Co., a unit of News Corp.

Hackers and conspirators in more than a dozen countries generated hundreds of millions of dollars in illicit proceeds on pump-and-dump stock schemes and particularly lucrative online gambling, prosecutors said.

From 2012 to mid-2015, the suspects and their co-conspirators successfully manipulated dozens of publicly traded stocks, sent misleading pitches to clients of banks and brokerages whose e-mail addresses they’d stolen, and profited by using trading accounts set up under fake names, prosecutors said.

[...]

http://www.bloomberg.com/news/articles/2015-11-10/hackers-accused-by-u-s-of-targeting-top-banks-mutual-funds

Blockchain combined with Bitcoin is an amazing technology and invention, and it is Bitcoin that drives the decentralized model. However, in the tech industry, where the latest and greatest advancements drive excitement and lots of investment money, there is a lot more opportunity to create something new in the blockchain space. The innovation in the Bitcoin space is less tech driven and the bigger innovations will come from financial services and usability, which is much less exciting. There are also significant hurdles in the Bitcoin space, which are limiting innovation in financial services, that is the result of poor regulation and demonization of Bitcoin, making it much easier to start a blockchain business.

DNotes, with long term goals and an ecosystem that depends on the currency will be able to overcome those obstacles that Bitcoin faces for the long term best interest of DNotes.

It doesn't look like they do any fiat exchanging, but worth a second look I'm sure, it is a pretty extensive site.

This is fairly interesting http://cointelegraph.com/news/115597/europeans-can-now-receive-their-paycheck-in-bitcoin "Europe-based bitcoinCT r:  3 services provider Cashila has recently released a Bitwage-like Euro-to-Bitcoin payroll system, allowing European employees to request their wages to be paid in bitcoin through a simple bank or SEPA payment." This will be an important feature of the digital currency ecosystem and something we should consider for DNotes in the future, once we have become established in global commerce.

Welcome fitinplace, one small correction, it is 23.75 block reward currently. 6 confirms for regular transactions, 1 min block time, 120 (two hours) to reach maturity. Are you trying to mine? If so, then the answers to your questions will be in the pool dashboard as you are mining.

Ken had a really good find for the recap this week.

OECD Report: Digital Currency Safer than Cash.

For many digital currency enthusiasts, the news coming out of a recent report by the Organization for Economic Co-operation and Development (OECD) may not seem all that surprising. However, given the ongoing complaints about digital currency anonymity and the presumed ease with which it can be used for criminal activities, this latest reality check is actually welcome news. The report is titled “Refining Regulation to Enable Major Innovations in Financial Markets” and covers a wide range of topics related to technological innovations that are currently disrupting the financial sector, as well as regulatory issues.

A cursory glance through the paper’s pages might cause a casual reader to miss one of the more interesting topics: cryptocurrencies. The entire report can be downloaded here for anyone interested in reading the entire presentation, but here’s the part that governments and law enforcement officials need to read:

“As a result of the apparent anonymity of transactions, some users of virtual currencies were involved in improper and illegal activities, including money laundering and transfer of value for illegal goods. As a result, certain governments have sought to take measures that effectively rule out its use as a currency. These create a clear and implied possibility of government’s declaring the virtual currencies illegal.

The focus on virtual currencies as a means of fraudulent transactions is perhaps due to a perceived high frequency of improper motives behind use of virtual currencies, which in turn is a result of the apparent anonymity built into the system. But in fact, cash is likely a much more anonymous means of transferring value than virtual currencies. The ownership string for virtual currency is public, though not the actual owner name and address. If that name and address are at one point identified by law enforcers, law enforcers have a powerful mechanism to track entire chains of transfer of value, in a way that cash would never allow (emphasis added). The arguments used against virtual currency anonymity may thus be much weaker than comparable arguments against cash.”

Granted, anyone with any level of familiarity with digital currency already understands that “cash is likely a much more anonymous means of transferring value than virtual currencies.” Still, that’s not something you read in mainstream media stories covering Bitcoin, DNotes, or other cryptocurrencies. As a result, this simple recognition of such an obvious fact should provide some measure of hope that perhaps someone outside of the crypto universe is finally beginning to come to terms with the real nature of digital currency.

Now if only our political representatives would take the time to read this OECD report…

Excellent, thanks RJF. That is the look and feel we were going for.

We used to do international shipping, if the customer would pay the additional fees for inspection and customs. We would still have issues where it would get delayed so long they would be dead by the time they reached their destination, or even in some cases destroyed. As a whole, it turned into a losing proposition.

Digital Currency Weekly Recap 11-8-2015

Isle of Man Welcomes First Identifiable Digital Currency.
Coinify Expands Cryptocurrency Pool to Include Ether and Others.
New Voxel Bonus Program Announced.
Kaiser Unveils Services for Cryptocurrency Investment Advice.
OECD Report: Digital Currency Safer than Cash.

http://dcebrief.com/digital-currency-weekly-recap-11-8-2015/

Great find, that will certainly give our industry a boost in legitimacy. It makes sense to trade bitcoin along with forex trading. It may even work to provide a price buffer from large movements in price because of the scale of the forex market. Will be interesting to see.

Entries for this week have been paid. We are up to 737 total entries.

They are great ideas. I think funding is the biggest hurdle for your newspaper/magazine ideas.

It's probably time to update OP and website again. If anyone sees anything that needs to be added or removed, please let me know.