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981  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: October 08, 2017, 06:25:47 AM
ECB’s Nowotny: Central Bank Discussing Bitcoin Regulation

https://dcebrief.com/ecbs-nowotny-central-bank-discussing-bitcoin-regulation/
982  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: October 07, 2017, 05:28:43 AM
Taiwan to Adopt Crypto-Friendly Stance

https://dcebrief.com/taiwan-to-adopt-crypto-friendly-stance/
983  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: October 06, 2017, 07:11:20 AM
Singapore's Central Bank Confirms Monitoring of Cryptocurrencies, ICOs

https://dcebrief.com/singapores-central-bank-confirms-monitoring-of-digital-currencies-icos/
984  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: October 05, 2017, 05:14:17 AM
CDC Considering Blockchain for Crisis Data Management

https://dcebrief.com/cdc-considering-blockchain-for-crisis-data-management/

I am becoming seriously concerned at the general level of ignorance surrounding blockchain, its benefits, capabilities, and shortcomings. This article clearly states what is required of its solution:

"That requires relevant agencies and health care entities to share data as quickly and efficiently as possible. During any actual outbreak of infectious disease, there is little time to waste. Unfortunately, the current data-sharing systems do not allow for the secure and speedy input and sharing of information needed to respond in the most effective and time-efficient manner possible."

I think it is well overdue for someone to create a comparison table between blockchain and other ledger and database solutions. This would illustrate that blockchain is not a good fit for handling a disease outbreak.
  • Blockchain is very very slow. Writing a record to the blockchain can take more than ten minutes, and much longer if suddenly thousands of records need to be written at once.
  • Blockchain requires specialised software, which in an emergency situation might take between hours and days to setup to the point of running a full node.
  • Blockchain does not allow records to be deleted. It does not allow passwords to be changed, or access to be revoked. Someone from the CDC could be fired for misconduct, but because they have the private keys, all CDC health records are permanently available to this person.
  • Blockchain does not handle multiple tables or manage referential relationships. It does not enable data to be procedurally updated. So if it turns out that all body temperatures entered by some region were in Fahrenheit, not Celsius, those records must remain wrong.
But this is only scratching the surface of why blockchain is a dreadful fit for the CDC. And it is bizarre that they are looking in that direction when there are so many off-the-shelf proven solutions to provide a fast, flexible, powerful, full functioning database with tiered levels of access. A MySQL database, with both desktop and mobile webpage access would be instantly usable by any authorised person in the world with no software installation or training required. 

"it is bizarre that they are looking in that direction"

Not quite as bizarre as it might sound - we're talking about a government agency, after all.

Our "bizarre" is just another Tuesday for them...
985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: October 05, 2017, 05:09:41 AM
CFTC Reportedly Examining June GDAX Flash Crash

https://dcebrief.com/cftc-reportedly-examining-june-gdax-flash-crash/
986  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: October 04, 2017, 02:00:35 AM
CDC Considering Blockchain for Crisis Data Management

https://dcebrief.com/cdc-considering-blockchain-for-crisis-data-management/
987  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: October 02, 2017, 05:37:58 PM
IMF Head to Central Bankers: Don’t Dismiss Digital Currencies

https://dcebrief.com/imf-head-to-central-bankers-dont-dismiss-digital-currencies/
988  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 30, 2017, 07:01:36 PM
Japan Registers 11 Exchanges, as South Korea Bans ICOs

https://dcebrief.com/japan-registers-11-exchanges-as-south-korea-bans-icos/
989  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 29, 2017, 05:44:55 PM
Japanese Banks May Launch New Digital Currency Called J-Coin

https://dcebrief.com/japanese-banks-may-launch-new-digital-currency-called-j-coin/
990  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 28, 2017, 04:36:23 AM
Sirin Labs Developing Blockchain Smartphone and PC

https://dcebrief.com/sirin-labs-developing-blockchain-smartphone-and-pc/
991  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 26, 2017, 06:54:09 PM
Japan’s FSA to Put Country’s Crypto Exchanges Under ‘Full Surveillance’

https://dcebrief.com/japans-fsa-to-put-countrys-crypto-exchanges-under-full-surveillance/
992  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 24, 2017, 07:50:13 PM
Origin Energy to Test Blockchain for Energy Trading

https://dcebrief.com/origin-energy-to-test-blockchain-for-energy-trading/
993  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 23, 2017, 07:32:57 AM
Market Abuse Complaint Reportedly Filed Against JPMorgan Chase, CEO Dimon

https://dcebrief.com/market-abuse-complaint-reportedly-filed-against-jpmorgan-chase-ceo-dimon/
994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 22, 2017, 08:28:58 AM
Former US Regulator: Crypto Enthusiasts Should Take Lead on Regulation

https://dcebrief.com/former-us-regulator-crypto-industry-should-take-lead-on-regulation/
995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 20, 2017, 03:33:13 PM
Mexico Will Introduce bill to Regulate FinTech

https://dcebrief.com/mexico-will-introduce-bill-to-regulate-fintech/
996  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 18, 2017, 05:43:33 PM
Columbus GA Medical Clinic Now Accepting Bitcoin

https://dcebrief.com/columbus-ga-medical-clinic-now-accepting-bitcoin/
997  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 17, 2017, 03:27:25 AM
NE Lawyers Advisory Committee: Attorneys May Accept Bitcoin

https://dcebrief.com/ne-lawyers-advisory-committee-attorneys-may-accept-bitcoin/
998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 15, 2017, 08:18:34 PM
Chinese Exchanges Announce End to Trading

https://dcebrief.com/chinese-exchanges-announce-end-to-trading/
999  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 14, 2017, 05:09:54 AM
Just got around to watching the statment Jamie Dimon made that has bitcoiners up in arms, and while listening selectively I picked up a couple key quotes.

"Bitcoin can go to $100,000 per Bitcoin"

"My daughter bought some Bitcoin and it went up"

https://m.youtube.com/watch?v=X8Sywc3ko_g

Indeed. I was going to cover his comments in a brief, but it's difficult to take him seriously when he issues one of these little rants. I understand that he genuinely loathes the very idea of Bitcoin, but I fail to see where he's made any coherent argument to bolster his claim that Bitcoin is a fraud. The idea that it's not a real thing because "eventually it will be closed" is just absurd. I know that he is betting that governments will eventually try to put a stop to digital currencies in an effort to protect their own currency interests - and he could be proven right in that regard - but that doesn't make Bitcoin a fraud.

Still, I can understand why he feels the need to occasionally stick his head out the window and yell at those kids on his lawn...


1000  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: September 14, 2017, 04:49:59 AM
New Reports: North Korean Interest in Cryptocurrency Rising

https://dcebrief.com/new-reports-north-korean-interest-in-cryptocurrency-rising/
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