Bitcoin Roundup May 11, 2016


Bitcoin’s on a bull run again, despite the Satoshi Nakamoto drama — Quartz

The price of bitcoin has been climbing all year, even as a “civil war” has divided its community of developers, and an Australian man has claimed to be its creator in a highly orchestrated media spectacle in recent days. 


Swiss Town Tests Bitcoin Service Payments | PYMNTS.com

While plenty of government officials aren’t ready to jump to support bitcoin as a legitimate payment option, there is one small town in Switzerland that has caught the bitcoin bug


Developers Introduce Bloom Filters to Improve Bitcoin Wallet Security

For Bitcoin users who have been embracing the lightweight client model, there are some issues associated with BIP37 SPV in its current implementation. First of all, the originally anticipated levels of privacy will not be achieved through BIP37 SPV wallet support. The probabilistic nature of bloom filters offers no privacy whatsoever, and a wrongful implementation of this technology will only make matters significantly worse. 


Schools are recording students’ results using bitcoin tech | South China Morning Post

Recording and verifying candidates’ credentials can be costly and time-consuming for academia and businesses alike. Now, some education facilities are turning to bitcoin technology for help. 


Blockchain is useful for a lot more than just Bitcoin

Blockchain technology is not just useful for creating digital currenciessuch as Bitcoin or developing new financial technologies. Blockchains can be used for a wide variety of applications, such as tracking ownership or the provenance of documents, digital assets, physical assets or voting rights. 


We Need to Know Who Satoshi Nakamoto Is – The New Yorker

The identity of Satoshi Nakamoto, the computer programmer who created the virtual currency bitcoin, is one of the most compelling stories in technology. In 2008, Nakamoto launched bitcoin with a white paper; in 2011, he vanished, just as the project was hitting its stride, his frequent forum posts and e-mails tapering off to silence. (In his last known correspondence, he told a bitcoin developer that he had “moved on to other things.”) The search for Nakamoto has a tinge of irony: it’s an old-school mystery born in an age of Internet-enabled access to all world knowledge, which threatens to make the entire concept of mystery obsolete. An endless series of apparent misidentifications by journalists over the years has only increased the intrigue. When an Australian entrepreneur named Craig Wright came forward last week to confirm claims made by Wired and Gizmodo last year that he is Nakamoto, his name trended for hours on Twitter, while his crisply parted hair and his generically handsome face were on the front page of Web sites around the world. 


Password Manager LastPass Hints at Bitcoin Acceptance – CCN: Financial Bitcoin & Cryptocurrency News

LastPass, commonly known as the most popular password manager and vault around has hinted at Bitcoin acceptance as payment for its paid (and premium) accounts. 


Bitcoin Price Correction Below Resistance – CCN: Financial Bitcoin & Cryptocurrency News

Price has sold off from yesterday’s push higher into the resistance zone. The sharp decline is characteristic of the chart’s behaviour in recent months, in that the downward waves unfold quickly to support. The question we now ask is “How deep will the declining wave be?“. 


ASX Listing Changes Might Affect Bitcoin Startups’ Growth

As is the case with any major regulatory decision to be made, there are those in favour and others who oppose these pending changes. Steve Baxter, one of many well-known tech investors in the world, feels the ASX needs to update its listing regulations, rather than stemming the flow of early-stage tech startups joining the exchange. 

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