Newsletter #65

21 - 27 February 2015

To me the big news this week is that Ryan Kennedy or Alex Green of the Moolah/Mintpal debacle has finally been arrested by UK police. Those involved with this scam needs to be brought to justice.

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Latest News

Ryan Kennedy, or "Alex Green" as he is known to the larger community, of Moolah and Mintpal scam has been arrested by the UK authorities.

A former executive director of Goldman Sachs in London has launched a bitcoin derivatives exchange called Crypto Facilities.

Bitcoin Foundation attempted to enable blockchain-based voting in its latest election round but it has met with mixed reactions leading to the foundation pulling the plug on the blockchain-based voting system, rendering all votes cast through its new system invalid and effectively restarting the voting process.

Market

The author writes a piece debunking the idea that Blockchain is good but Bitcoin is bad. According to the author, Bitcoin the network and bitcoin the value token is inseparable.

If we are to strictly follow Bitcoin’s first principles of decentralization, then very little to no money should be made by the centers. All of the revenues/profits are being made at the edges of the Bitcoin network.

Two Bit Idiot attempts to price bitcoin from the bottom up with some scenario modelling.

Ecosystem

In this interview, Jackson Palmer, co-founder of Dogecoin talks about the inner-workings of cryptocurrency and how Dogecoin became such a big hit.

Ziftrcoin is changing its algorithm from Sign to Mine to Proof of Knowledge after receiving some feedback from the community. Mining was also launched on February 28.

Legal

Houman Shadab, a professor at New York Law School set the need for organizational law for Distributed Autonomous Corporations.

Learn

A presentation deck discussing about a potential solution to the Bitcoin scalability problem.