Bitcoin Roundup June 9, 2016


Compact Block Relay Improve Propagation Times Bitcoin Network

Bitcoin Core has published an FAQ section regarding the most recent Bitcoin Improvement Proposal (BIP), we are talking about the BIP 152 named Compact Block Relay, the upgrade is poised to reduce the bandwidth and the time it takes for a block to propagate through the nodes across Bitcoin’s network. 


Bitcoin Prices Soar in May: Analyzing the Market’s Second Best Month of 2016 – CoinDesk

With the price of bitcoin appreciating nearly 20% in May and breaking past $500 for the first time since 2014, it’s safe to say the digital currency is once again back in the mainstream spotlight as an investment opportunity. 


FedCoin: When the Central Bank Copies Bitcoin | | Observer

The media may love to publish bitcoin obituaries, but one group of decision makers looks more and more convinced about digital currency: central bankers 


4 Unexpected Events That Would Rocket Bitcoin in 2016 – NEWSBTC

China in many ways (not least through mining), is home to bitcoin and Chinese investment has been widely recognized as the leading factor in many of the recent price rallies. And if there is one market in the world where Apple is vying for dominance, it’s the Chinese market. 


The Brown Derby on Tulane Avenue just got a Bitcoin ATM | NOLA.com

The future of money is wedged between a churning fountain drink machine and a few dozen cases of Coca-Cola at The Brown Derby Superstore on the corner of Tulane Avenue and Jefferson Davis Parkway. At least that is how Bobby Sharp sees it. 


Bitcoin Video Casino – The Bitcoin Casino that Offers a Real Gambling Experience – NEWSBTC

Since Bitcoin first appearance, the gambling Industry saw its great potential and immediately accepted it. Today, you can find all sort of digital currency gambling sites being launched while a lot of steam is going on in the Gambling Industry. There are several benefits that Bitcoin-accepting casinos can offer. One of the most wanted of these benefits is privacy that only digital currency can offer. 


Understanding the Lightning Network, Part 2: Creating the Network | Bitcoin Magazine

The Lightning Network is the probably most highly anticipated technological innovation to be deployed on top of Bitcoin. The payment layer, first proposed by Joseph Poon and Tadge Dryja about a year ago, promises to support a virtually unlimited number of off-chain transactions among users, at nearly no cost – while leveraging the security offered by Bitcoin. 


Why the bitcoin has become China’s new darling | South China Morning Post

Speculation over yuan devaluation and the mainland’s anti-corruption drive have contributed to the currency’s growing popularity. 


Forget bitcoin. Your life is destined for the blockchain

Blockchain entrepreneurs are working towards a future where everything from renting an apartment to betting on an election is guaranteed by a distributed public ledger. Is this the beginning of the end for the middlemen? 


Bitcoin Featuring FinTech Platform Stripe Lands in France

The expansion of Stripe has not gone by unnoticed, as the service is now available in no less than 25 countries. Many investors and financial experts see the company as one of the last ‘unicorns’ in the Fintechsector, thanks to their US$5bn valuation at the time of writing. 

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