BTT Token Coming Soon; First Step in Supporting Decentralized Internet, Says Justin Sun

On Thursday, January 3rd, BitTorrent, Inc. said that it plans to launch a crypto token, called the BitTorrent token (BTT). While many have done something similar, CEO Justin Sun described the BTT token as having a competitive edge.

BTT Token Coming Soon

According to Sun, the BTT token is “the first in a series of steps to support a decentralized internet.” For the most part, the BitTorrent token will be used to achieve quicker download speeds. It can be bought, sold, and traded.

Speaking further on the matter, Sun said that “the BitTorrent client ...

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For our r/Bitcoin and r/CryptoCurrency visitors: What happened; How Blockstream failed and took BTC with it (Rick Falkvinge on youtube).

submitted by /u/ChaosElephant [link] [comments]

source https://www.reddit.com/r/btc/comments/acmdfq/for_our_rbitcoin_and_rcryptocurrency_visitors/

Gab.com CEO Andrew Torba's personal account banned from Coinbase

submitted by /u/satoshiscrazyuncle [link] [comments]

source https://www.reddit.com/r/btc/comments/acm971/gabcom_ceo_andrew_torbas_personal_account_banned/

Looks like Nakamoto Consensus is an old concept...

In Joseph Conrad's novel Typhoon, a number of sailors store gold coins in private boxes kept in the ship's safe. The ship hits stormy weather, the boxes break open, and the coins are hopelessly mixed. Each sailor knows how many coins he started with, but nobody knows what anybody else started with. The captain's problem is to return the correct number of coins to each sailor.

Does the problem seem intractable? Here is a simple solution: Have each sailor write down the number of coins he is entitled to. Collect the papers and distribute the coins. Announce in advance that if the numbers on the papers don't add up to the correct total, you will throw all of the coins overboard.

That solution is a simple manifestation of an elaborate theory whose slogan might be "Truth is accessible.". In this instance the captain has a key piece of information: He knows the total number of coins. It turns out that even when a decision maker has no information at all he can frequently design a mechanism that elicits absolute truth from all concerned.

From "The Armchair Economist"

submitted by /u/unitedstatian
[link] [comments]

source https://www.reddit.com/r/btc/comments/acmcut/looks_like_nakamoto_consensus_is_an_old_concept/

ELI5: Payment Codes vs. Stealth Addresses

What are the pros/cons of each versus the other?

submitted by /u/throwawayo12345
[link] [comments]

source https://www.reddit.com/r/btc/comments/aclyev/eli5_payment_codes_vs_stealth_addresses/

Get Yourself a Little Bit of Bitcoin This article was originally posted on The LTB Network - a publishing platform created for content providers to present the ideas and people involved with cryptocurrency — [...]

This article was originally posted on The LTB Network - a publishing platform created for content providers to present the ideas and people involved with cryptocurrency — [...]

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Crypto Giant Circle Traded $24B In Bitcoin (BTC), Altcoins OTC In 2018 This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

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